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Wajeeh Khan

RARE PHOTOS: Draftkings dkng stock soars on prediction markets optimism | Rare Historical Photos

DraftKings DKNG Morgan Stanley

DraftKings (DKNG) stock closed meaningfully higher on June 9 after the company’s 8-K disclosed accelerating momentum in its fledgling Prediction Markets business.

In May, the Nasdaq-listed firm witnessed a 24% month-on-month increase in annualized consumer volume in its Predictions offering to $1.3 billion.

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