DKNG Stock Recent News

'Fast Money' guest trader Danny Moses talks why he is bearish on gaming and sports betting stocks like DraftKings now.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

The latest trading day saw DraftKings (DKNG) settling at $40.51, representing a +2.3% change from its previous close.

DraftKings CEO Jason Robins on Wednesday blasted Illinois' new tax on sports bets in the state, as the company in response plans to add a 50-cent transaction fee for all Illinois wagers beginning Sept. 1. "All it's going to do is drive people to the illegal market or drive people to bet more," Robins said.

DraftKings (DKNG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

The premier tech conference delivered an unforgettable convergence of code, culture, and community in Atlanta ATLANTA, June 16, 2025 /PRNewswire/ -- RenderATL, the leading tech conference merging innovation, culture, and code, officially concluded its 2025 event, delivering three days of dynamic programming, immersive activations, and electric community energy. From June 11–13, over 15,000 participants gathered city wide for Atlanta Tech Week, with 8,000 badge holders specifically attending the flagship RenderATL conference, as the event seamlessly fused education with culture, music, and meaningful connection. The conference kicked off with dynamic workshops and educational sessions, followed by the RenderATL Ponce Rooftop Kickoff presented by Uber at Skyline Park, a vibrant fusion of tech-meets-play where attendees connected through immersive activations, interactive tech-themed games, and beats curated by AfroFuture. As the conference continued, more than 80 technical sessions and

In the latest trading session, DraftKings (DKNG) closed at $36.50, marking a -3.9% move from the previous day.

BOSTON, June 12, 2025 (GLOBE NEWSWIRE) -- In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and online sports wagers placed with licensed operators, DraftKings Inc. (Nasdaq: DKNG) today announced that it will implement a 50-cent transaction fee on all mobile and online bets placed in Illinois through DraftKings Sportsbook, effective September 1, 2025.

FanDuel is adding a 50-cent surcharge on all Illinois wagers. The move is designed to offset the high taxes in the state.

Growth stocks have been some of the best-performing investments over the last few years, but 2025 brought some challenges for growth investors. The increased volatility from growing global trade tensions and economic uncertainty hasn't been kind.