DKNG News and Press, DraftKings Inc. From 04/26/24

2024-04-26 13:23:58 ET More on Consumer Discretionary: XLY Will Continue To Be Fueled By Resilient Consumer Spending In 2024 XLY: Consumer Discretionary Rebound May Reverse As Retail Sales Crash All S&P Utility stocks are above 50-day MA, less than 10% of Info Te...

2024-04-25 03:40:00 ET Summary Artisan Partners is an independent investment management firm focused on providing high value-added, active investment strategies to sophisticated clients globally. The Artisan Focus Fund gained 15.86% in Q1, exceeding the S&P 500® Index by ...

2024-04-24 15:31:48 ET Attention should surely be paid to any stock that has double-digit upside potential. That's very much the situation with online and mobile sports betting platform operator DraftKings (NASDAQ: DKNG) . At least, that's the take from one analyst following the...

2024-04-24 12:20:52 ET Summary DraftKings Inc. aims to maintain its 40%+ market share amidst new competitors entering the market. DraftKings is projected to become profitable in 2023, with revenue expected to reach $4.77 billion in 2024. The success of new entrants, such as Be...

2024-04-24 08:23:21 ET Summary Sportradar's Q4 results were highlighted by strong margins and earnings momentum. The company announced a large share repurchasing authorization, which should be supportive of the stock price. We are bullish on shares of Sportradar which appear u...

2024-04-24 02:17:00 ET Investing in growing companies is the easiest way to build wealth over the long term. Businesses that serve wide-open markets and validate that opportunity with above-average revenue growth should see their share prices rise more often than fall. There are no guarante...

2024-04-22 17:55:03 ET Summary Interest in sports betting is at an all-time high, as shown in record betting activities on this year’s Super Bowl and March Madness tournament. DraftKings is gaining market share, which could be attributed to its presence in more markets than...

2024-04-22 13:53:47 ET Summary DraftKings is a major player in the online gambling industry and is expected to become profitable next year. The company has made key updates, including an intent to acquire online lottery app Jackpocket and expanding its Online Sports Betting offeri...

2024-04-22 10:48:04 ET Summary DraftKings is a top inflection stock with a clear path to increasing free cash flow. The stock is cheaper than it seems and is expected to reach $65 per share by summer 2025. The company's hyper-growth, profitability, and acquisition of Jackpocke...

BOSTON, April 22, 2024 (GLOBE NEWSWIRE) -- DraftKings (Nasdaq: DKNG) announced today the appointment of Lori Kalani as Chief Responsible Gaming Officer reporting into DraftKings’ chief executive officer, Jason Robins. Kalani becomes DraftKings’ first Chief Responsible Gaming Officer...