DKNG News and Press, DraftKings Inc. From 05/18/24

2024-05-18 09:00:00 ET Summary PENN has unfortunately underperformed expectations with the stock declining by -32%, well behind the wider market at +20% since the launch of ESPN Bet. It is apparent by now that the management's expectations for ESPN Bet has not played out, as losse...

2024-05-18 07:30:00 ET More on sports betting DraftKings Inc. (DKNG) Q1 2023 Earnings Call Transcript DraftKings Inc. 2024 Q1 - Results - Earnings Call Presentation Churchill Downs: Making A Wager On This Proven Compounder Churchill Downs could extend rally a...

2024-05-15 07:15:05 ET UBS analyst issues BUY recommendation for DKNG on May 15, 2024 05:22AM ET. The previous analyst recommendation was Buy. DKNG was trading at $44.13 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst reco...

2024-05-13 09:00:00 ET Summary The CPI and PPI are expected to be lower than in previous months, but complacency could exacerbate a potential sell-off. Interest rates and the VIX have declined, indicating complacency in the market. I have prepared for the possibility of a sell...

2024-05-12 13:57:40 ET More on the markets SPY ETF: Momentum Is In The Cards SPY: Get Ready For A Recessionary Bear Market SPY: Growing Signs The Market Is Overbought Wells Fargo sees increasing risk that the Fed will need to hold rates at current levels ...

2024-05-08 14:00:00 ET Investors weren't overly impressed by DraftKings ' (NASDAQ: DKNG) first-quarter earnings report last week, selling off the stock by about 3% Friday even after the sports gambling company reported 53% Q1 sales growth, and raised sales guidance through the rest ...

2024-05-07 10:00:00 ET Fool.com contributor Parkev Tatevosian evaluates DraftKings (NASDAQ: DKNG) stock for long-term investors. *Stock prices used were the afternoon prices of May 3, 2024. The video was published on May 5, 2024. Continue reading For further ...

2024-05-06 13:36:37 ET Summary Flutter Entertainment plc is focusing on the revival of horse racing as a valuable business for sports betting. Its partnership with Churchill Downs gives it an advantage in developing this legacy betting sport. Flutter Entertainment's three-year...

2024-05-06 09:00:04 ET Clark Lampen from BTIG issued a price target of $55.00 for DKNG on 2024-05-06 07:24:00. The adjusted price target was set to $55.00. At the time of the announcement, DKNG was trading at $41.79. The overall price target consensus is at $46.39 with h...

2024-05-05 11:50:34 ET More on Churchill Downs Churchill Downs: Making A Wager On This Proven Compounder Churchill Downs Incorporated (CHDN) Q1 2024 Earnings Call Transcript Churchill Downs Incorporated (CHDN) Q4 2023 Earnings Call Transcript Churchill Downs ...