Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from DKNG

Unusual Activity in DraftKings Put Options Shows Traders Are Bullish

DraftKings reported Q2 earnings on Aug. 3 and today traders are piling into out-of-the-money DKNG put options in a near-term expiration. The amount of activity likely implies bullish sentiment.

PENN vs. DKNG: Which Stock is a Better Bet?

PENN vs. DKNG: Which Stock is a Better Bet?

With the sports betting stock battle heating up, which company should investors place their chips on now: Disney's new partner Penn Entertainment, or stock market standout DraftKings?

DraftKings Q2 Earnings Highlights: Revenue Beat, EPS Beat, EBITDA Profitability, Guidance Lift And More

Sports betting and iGaming company DraftKings Inc. reported second-quarter financial results after the market close

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

2 Gambling Stocks Every Investor is After -- 1 to Watch for Momentum

Technological innovation and the unprecedented rise in popularity of online gambling are driving the growth of the gambling market. Hence, it could be wise to buy fundamentally strong gambling stocks Boyd Gaming (BYD) and International Game Technology PLC (IGT), while DraftKings (DKNG) could be watched for momentum. Keep reading.

DraftKings Inc. (DKNG) vs. Monarch Casino & Resort (MCRI): Which Stock Should You Buy Now?

The entertainment industry is poised for long-term growth supported by continuous technological advancements. While entertainment stocks DraftKings (DKNG) and Monarch Casino & Resort (MCRI) should benefit from rising interest in online gambling and sports betting, let us determine which could be a wise investment now.

How High Can DraftKings Stock Rise?

DraftKings stock is trading well below its all-time highs. Let's see if DKNG stock is a buy or a sell at its current valuation.

DraftKings (DKNG) or Red Rock Resorts (RRR): Which Stock Should You Buy?

The rising penetration of online casino gaming, legalization of sports betting, and integration of newer technologies in the space are propelling the casino and gambling industry toward substantial growth. Hence, let’s compare these casino and gambling stocks, DraftKings (DKNG) and Red Rock Resorts (RRR), to determine which is a better…

inkl

Read news from The Economist, FT, and more,
with one subscription

DraftKings (DKNG) vs. MGM Resorts International (MGM): Which Entertainment Stock Is a Buy or Sell?

DraftKings (DKNG) vs. MGM Resorts International (MGM): Which Entertainment Stock Is a Buy or Sell?

Even though inflation is putting pressure on consumers’ discretionary spending, the entertainment industry is poised to remain resilient on the backs of robust demand. Given such industrial tailwinds, let’s compare entertainment stocks MGM Resorts (MGM) and DraftKings (DKNG) to discover which of these stocks is a better choice now. Read…

Is DraftKings (DKNG) a Buy TODAY?

Is DraftKings (DKNG) a Buy TODAY?

Sports betting and gaming company DraftKings’s (DKNG) steady revenue growth and its 2023 guidance upgrade raise optimism. However, its top-line growth does not translate to bottom-line improvement. So, is DKNG worth betting on? Let’s look at the company’s key financial metrics to find out.

9 Momentum Stocks to Buy Now

9 Momentum Stocks to Buy Now

Want to ride the hot hand of the market? Consider these nine momentum stocks that are climbing the charts this year.

1 Stock You Shouldn't Gamble With in 2023

1 Stock You Shouldn't Gamble With in 2023

Despite DraftKings (DKNG) raising its guidance, the company's fundamentals do not make a convincing investment case for the stock. Read on….

1 Stock Worth Gambling on in 2023 and 2 That Aren't

1 Stock Worth Gambling on in 2023 and 2 That Aren't

Technological innovation and increasing legalization is driving the growth of the gambling market. However, not all gambling stocks are expected to gain from the industry tailwinds. We think it could be wise to buy fundamentally strong gambling stock Boyd Gaming (BYD) and avoid DraftKings (DKNG) and Esports Entertainment (GMBL) due…

2 Best Gambling Stocks to Buy in 2023 and 1 to Avoid

2 Best Gambling Stocks to Buy in 2023 and 1 to Avoid

While digital innovations continue to boost the gambling industry, strict regulations might hamper the industry’s prospects. We think fundamentally strong gambling stocks Boyd Gaming (BYD) and Accel Entertainment (ACEL) are poised to deliver steady returns and might be solid buys this year. However, fundamentally weak DraftKings (DKNG) might be best…

2 Stocks That Don’t Mix Well With a Potential Recession

2 Stocks That Don’t Mix Well With a Potential Recession

As recessionary fears loom largely over the economy, fundamentally weak stocks DraftKings (DKNG) and Beyond Meat (BYND) don’t seem to mix well and might be best avoided. Read more….

Get all your
news in one place.

100's of premium titles.
One news app.

5 Vulnerable Stocks to Avoid the Rest of This Year

Despite the expected slowdown of interest rate hikes, investors are concerned about a recession next year. This could mean more pain for stocks that have already fallen significantly this year. Amid this backdrop, investors should avoid fundamentally weak stocks Advanced Micro Devices (AMD), DraftKings (DKNG), SoFi Technologies (SOFI), ContextLogic (WISH),…

1 Gambling Stock to Buy in Q4 and 1 to Still Avoid

The gambling industry is well positioned for healthy long-term growth in a post-pandemic world driven by increasing disposable income and the growing popularity of online gambling platforms. While it could be wise to invest in fundamentally strong gambling stock Boyd Gaming (BYD), struggling industry participant DraftKings (DKNG) might be best…

Check Out What Whales Are Doing With DKNG

Someone with a lot of money to spend has taken a bullish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

DraftKings Fails To Win Investors With Q3 Results, Guidance: Could The Company Be Left Behind Over Peers Closer To Profit?

Sports betting and online casino company DraftKings Inc (NASDAQ: DKNG) reported third-quarter financial results before market open Friday. Here are the key highlights and why shares are dropping.

Get all your
news in one place.

100's of premium titles.
One news app.

2 Stocks You Shouldn't Gamble on This Fall

While the Fed’s fourth consecutive interest rate hike was in line with expectations, the extent to which the interest rate will ultimately rise has triggered a fresh bout of panic and volatility in the stock market. Given the gloomy market outlook, fundamentally weak stocks DraftKings (DKNG) and Mullen Automotive (MULN)…

This Is What Whales Are Betting On DraftKings

A whale with a lot of money to spend has taken a noticeably bearish stance on DraftKings. Looking at options history for DraftKings (NASDAQ:DKNG) we detected 21 strange trades.

Check Out What Whales Are Doing With DKNG

Someone with a lot of money to spend has taken a bullish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

2 Brutal Sell-off Stocks to Avoid This Fall

The Fed seems to be gearing up to respond to hotter-than-expected inflation and employment data for September with further aggressive interest rate hikes. Hence, with market volatility set to become more severe, fundamentally weak stocks Coinbase Global (COIN) and DraftKings (DKNG) are best avoided now. Read on….

Is DraftKing Stock a Buy After Scoring a Deal With ESPN?

Shares of sports-betting company DraftKings (DKNG) are currently trading more than 75% below their 52-week high, beaten down by volatile market conditions. Furthermore, the company reported a significant loss in its last quarter. Also, analysts expect the company’s EPS to remain negative for at least the next two fiscals. However,…

Sell These 2 Sports Betting Stocks Before They Fumble Further

The raging inflation and rising recession fears amid the Fed’s aggressive rate hikes are leading people to cut discretionary spending such as sports wagering. And considering declining investors’ confidence in the sports betting sector, we think fundamentally weak DraftKings (DKNG) and Esports Entertainment (GMBL), which have been slumping in price,…

This Is What Whales Are Betting On DraftKings

Someone with a lot of money to spend has taken a bearish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

1 … 3 4 5 6

People

Kritika SarmahHer

Dipanjan BanchurSince

Mangeet Kaur BounsMangeet

Steve Reitmeister

Sristi Suman JayaswalThe

Santanu RoyHaving

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

US Federal Reserve

Coinbase Global Inc

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

405,946 stories

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play