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1 min read

Score Media surges 82% after Penn National Gaming said it will acquire the digital sports media firm for $2 billion

Shares of Score Media and Gaming hit their highest point in over five months while trading volume r…

Emily Graffeo   


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1 min read

Penn National Gaming hits record high, extending one week gain to 31% ahead of S&P 500 inclusion

The Barstool Sports stakeholder has rallied almost 3,000% since its lows at the onset of the pandem…

Emily Graffeo   


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3 mins read

Penn National will nosedive 57% as weak fundamentals overshadow 'internet meme' rally, Deutsche Bank says

Few states are interested in passing online gambling legislation, and the company's addressable mar…

Ben Winck   


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2 mins read

'Portnoy momentum' can drive Penn National 25% higher, Stifel says

Penn National has rallied 165% year-to-date, vastly outperforming the S&P 500's year-to-date return…

Matthew Fox   


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DraftKings soars 10% amid exclusive New York Giants deal, and with Big 10 football set to resume

The jump notched another record intraday high for the sports betting company, which has gained roug…

Emily Graffeo   


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Penn National plummets 20% after weak earnings and allegations against Dave Portnoy

Penn National owns a 36% stake in Barstool Sports, whose founder Dave Portnoy has denied the sexual…

Kelsey Vlamis   


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2 mins read

Barstool Sports could drive 'rapid share gains' for Penn National Gaming and help drive the stock 20% higher, according to Goldman Sachs

Penn stands at the crossroads of benefiting from "a rapidly rebounding regional casino space" and a…

Matthew Fox   


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These were the 10 worst-performing stocks in the S&P 500 in 2021

Despite a strong year for markets driven by low interest rates and a growing economy, 70 stocks wit…

Matthew Fox   


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Billionaire investor Stanley Druckenmiller dumped Facebook parent Meta before its one-day $230 billion wipeout — and took stakes in Snap and Chevron

Druckenmiller's biggest acquisition in the last quarter was a near-$100 million position in oil maj…

Shalini Nagarajan   


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6 mins read

The inside story of how Barstool Sports landed a deal with casino company Penn National and an eye-popping $450 million valuation

Barstool was founded in 2003 as print newsletter for gamblers, and had grown into a broader sports-…

Ashley Rodriguez   


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2 mins read

These are the 10 best-performing stocks since the market bottomed 1 year ago today

The S&P 500 has surged 76% from its March 23 low of 2,237.40, making it the strongest start to a bu…

Matthew Fox   


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2 mins read

Barstool Sports founder Dave Portnoy released a video backing a new ETF designed to track Reddit-driven social-media buzz

"There is a new ETF launching that I'm a part of, that I'm putting my face behind, my reputation be…

Matthew Fox   


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Emily Graffeo   


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These 10 companies have reaped the biggest capital gains over the past year - and Biden's tax plan could send them tumbling, Goldman says

"High-momentum 'winners' that had delivered the largest gains to investors ahead of the rate hike h…

Matthew Fox   


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Dow, S&P 500 close at record highs as stimulus-fueled optimism continues

Stocks gained at the close as investors remained optimistic on economic growth and fresh stimulus c…

Emily Graffeo   


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6 mins read

Sin stocks are shares in companies whose business can be considered unethical — here's why they're so enticing and the major players

Sin stocks are public companies engaged in activities or industries considered unethical or immoral…

Amy Fontinelle   


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3 mins read

US stocks slide in tech-driven sell-off as Trump's positive COVID-19 test spurs volatile trading

Traders also weighed weakening economic data. US businesses added 661,000 nonfarm payrolls last mon…

Ben Winck   


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Dow tumbles 200 points after President Trump tests positive for COVID-19

The diagnosis adds more uncertainties to the final month of a presidential race already expected to…

Ben Winck   


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2 mins read

Instagram's most popular financial meme account is run by an anonymous Wall Street banker who says these 3 stocks could be the next GameStop

The founder of "Litquidity" told Insider DraftKings, Virgin Galactic, and Penn have meme potential.

Shalini Nagarajan   


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The stock market's fear gauge surges 12% after President Trump tests positive for COVID-19

The volatility spike comes after strategists repeatedly warned of heightened uncertainties in the w…

Ben Winck