DKNG News and Press, DraftKings Inc.

2024-06-30 10:49:29 ET Summary The sports betting market is consolidating around two major players, which produce more profit than expected, but high tax rates in states like New York are counterbalancing the profit growth. As I predicted, the industry standard is moving closer an...

2024-06-28 16:05:40 ET DraftKings ( NASDAQ: DKNG ) stock closed positively on Friday, snapping a six-day slump during which it lost 13.7%.... Read the full article on Seeking Alpha For further details see: DraftKings stock closes in green and snaps a six-day losing s...

2024-06-28 14:34:08 ET Summary DraftKings Inc. stock appears to be a pointless investment due to recent volatility, but sticking with the thesis may lead to rewards. DraftKings Inc. is projected to grow at a 37% CAGR in 2024, with revenue expected to exceed $5 billion, driven by s...

2024-06-26 06:25:00 ET Summary U.S. domestic markets experienced significant gains during the recent period between Index selection dates (May 9, 2024 – June 12, 2024). The BUZZ Index returned 5.37% during the month of May compared to a return of 4.96% for the S&P 500 I...

2024-06-25 17:25:27 ET Summary DraftKings benefits from strong growth prospects due to secular tailwinds. It faces intense competition with no clear customer retention advantages. The current valuation may be unrealistic and may reflect an overly optimistic scenario. Dra...

2024-06-25 10:47:03 ET Micron Technology Inc. (MU) MU is trading DOWN for the last 4 days, and it at trading at $138.88 with volume of 10,943,487 and a one day change of $-0.13 (-0.09%). Micron Technology Inc. has a 52-week low of 60.50 and a 52-week high of $157.54. The business's ...

2024-06-20 14:00:37 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Sports betting has grown increasingly popular. While this industry has been around for decades, many states outlawed betting on sports, creating certain jurisdictions those looking to get in on...

2024-06-20 13:27:30 ET More on iShares Russell 3000 ETF: IWV: Future Performance Will Likely Remain Slightly Inferior To The S&P 500 Index Layoffs mentions by Russell 3000 companies are elevated but trending lower vs history The big risk of AI spending is margin ...

2024-06-18 19:42:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-06-18 06:12:10 ET Summary U.S. Supreme Court refused to hear challenge to Florida's online sports betting compact, boosting sports betting stocks. Chegg shares rise after announcing headcount reduction for cost savings. McDonald's ends drive-thru AI test with IBM, conside...