DKNG News and Press, DraftKings Inc. From 04/10/24

2024-04-10 17:20:08 ET Summary Speculation rises that BetMGM's sports betting partner Entain Plc could be acquired by Apollo Global. MGM may make another offer for its 50% BetMGM partner, taking advantage of Entain's regulatory challenges and management changes. Analysts predi...

2024-04-10 15:48:45 ET More on the sports betting sector MGM Resorts International (MGM) CEO William Hornbuckle Presents at J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum Transcript Entain Plc (GMVHF) Q4 2023 Earnings Call Transcript En...

2024-04-09 13:00:03 ET Stephen Grambling from Morgan Stanley issued a price target of $50.00 for DKNG on 2024-04-09 11:40:00. The adjusted price target was set to $50.00. At the time of the announcement, DKNG was trading at $45.0301. The overall price target consensus is...

2024-04-09 12:15:02 ET Morgan Stanley analyst issues OVERWEIGHT recommendation for DKNG on April 9, 2024 11:40AM ET. The previous analyst recommendation was Overweight. DKNG was trading at $44.95 at issue of the analyst recommendation. The overall analyst consensus : BUY...

2024-04-07 03:45:00 ET DraftKings (NASDAQ: DKNG) has driven considerable returns by capitalizing on the online sports betting market, which is estimated at $90 billion in 2023 and expected to reach $180 billion by 2030. That amounts to a compound annual growth rate (CAGR) of 11%. ...

2024-04-03 11:10:00 ET DraftKings (NASDAQ: DKNG) has been on a hot streak with the stock more than doubling in the past year. The company has rapidly expanded as more and more U.S. states legalize online sports betting. Given the stock's strong performance, is it is too late to ...

2024-04-02 14:05:49 ET More on Genius Sports Genius Sports: Still More Upside For In-Play Betting Growth Genius Sports Limited (GENI) Q4 2023 Earnings Call Transcript Genius Sports expects to see positive free cash flow in 2024 Genius Sports reports mixed Q4 ...

2024-03-31 21:54:42 ET Summary Investing in small caps and various sectors still offers opportunities, but caution is advised due to the potential for a market reset. The current economic environment is favorable for stocks, with the Fed indicating no rush to cut rates. Tech s...

2024-03-31 09:00:00 ET Summary U.S. equity markets posted a second-straight weekly gain as investors parsed mixed economic data and status-quo Fed commentary indicating a path towards easing monetary conditions this summer. Underscoring the seemingly unshakable nature of the equit...

2024-03-31 04:32:25 ET Summary Flutter's transition to trading on the NYSE has increased its penetration into the US investor pools. FLUT, the largest international online sports betting platform, is expected to benefit from its scale against peers. The growth of Fan Duel in t...