DKNG Stock Recent News
DKNG LATEST HEADLINES
This company is profitable and has a huge upside in online gambling.
DraftKings (DKNG) closed at $45.54 in the latest trading session, marking a +0.07% move from the prior day.
Some of the sports betting world's biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America's largest economy and its new, and regulated, online gambling market, Bloomberg News reported Wednesday (April 3).
DraftKings has benefited as a growing number of states legalize online sports betting. The company has yet to enter the three most populous U.S. states.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Pullbacks to the 5-day or 10-week moving average offer investors several advantages. Stock Strategist Andrew Rocco explains why and unveils 3 juicy pullback set ups.
The growth in the online sports betting market could deliver more new highs for DraftKings' stock. Cava's early success in the fast-casual restaurant industry spells a rewarding investment opportunity.
In the closing of the recent trading day, DraftKings (DKNG) stood at $45.41, denoting a +0.13% change from the preceding trading day.
Zacks.com users have recently been watching DraftKings (DKNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
DraftKings leads in U.S. online sports betting and saw users grow by 1.1 million in 2023. FanDuel parent Flutter Entertainment leads in the U.K., Ireland, Australia, and Italy.