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Special purpose acquisition corporation Diamond Eagle Acquisition ( DEAC ) has rallied 43% since Dec. 23. On that date, Diamond Eagle announced that it was merging with daily fantasy sports leader DraftKings and back-end provider SBTech. The deal allowed DraftKings to go public while also fu...
Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha , Apple ...
One of the most well-known sports betting companies is going public in 2020. DraftKings (DRAFT) is taking the unconventional route of going public through an existing special purpose acquisition company. DraftKings announced it would merge with SBTech, a gambling technology company, and go p...
Diamond Eagle Acquisition Corp ( DEAC +2.3% ) rallies to a new high after Barron's singles out the stock as a pure-play bet on sports betting. More news on: Diamond Eagle Acquisition Corp., MGM Resorts International, Eldorado Resorts, Inc., Consumer stocks news, Stocks on the move R...
Dow -358.37, S&P500 -34.15, Nasdaq -74.03. The Corrective Phase Has Begun. What To Do? Last week was the first down week this year. I think that in the face of this week’s Q4 earnings reports, and last week’s headline shock of Wuhan Fever, that last week’s dip sign...
Any Loss of Life is Sad and I Don’t Want to Seem Cold First, I want to say that I'm sorry for the suffering and the loss of life. I don’t want to seem cold blooded. My focus is on the stock market and what this means for trading and investments. So my focus is on how stocks...
DraftKings ( DRAFT ) could be looking at opening a casino sportsbook in Nevada, according to CDC Gaming Reports' Howard Stutz. More news on: DraftKings, Diamond Eagle Acquisition Corp., Consumer stocks news Read more ...
We Had A Weak Market Because Pelosi Announced Handing the Impeachment to the Senate I am grateful to see that there was another non-pertinent reason to perturb the market, making it sell off a bit to end the week. This is not a surprising development, really, and the outcome would normally...
How Did I Know the Market Was Going to Start Off in the Red and End in the Green? My last two missives were very short-term oriented, keeping trades on a tight leash, and talking about “fast-money” technique. No one likes to see a down market, especially since we’ve ...
Diamond Eagle Acquisition Corp. (Nasdaq: DEAC) (“Diamond Eagle”), a publicly traded special purpose acquisition company led by Harry Sloan and Jeff Sagansky, announced today that its subsidiary, DEAC NV Merger Corp., has filed with the U.S. Securities and Exchange Commission (...
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In this episode of Motley Fool Money , Chris Hill chats with Motley Fool analysts Jason Moser and Ron Gross about the latest news from Wall Street, the few states that are reopening their economies, and weird market behavior. They also go through a couple of earning reports from the entertain...
DraftKings (NASDAQ: DKNG), a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, on Thursday announced that it has completed its business combination with SBTech (Global) Limited (“SBTech”), an i...
BOSTON, April 23, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc., a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, today announced that it has completed its business combination (the “Business Combina...