MYSTERIOUS: 5 - What They Never Told You

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,…

StockNews.com · Oct 12, 2022

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.

Benzinga · Oct 12, 2022

2 Beaten-Down Nasdaq Stocks to Avoid

The NASDAQ Composite has been facing significant turmoil due to successive rate hikes. As recessionary fears loom over the economy, beaten-down stocks DraftKings (DKNG) and Affirm Holdings (AFRM) might be best avoided until further notice. Read more….

StockNews.com · Oct 6, 2022

Better Buy: DraftKing vs. Boyd Gaming Corp.

Increasing smartphone penetration and rising technological advancements have driven the gaming and gambling industry’s growth. While DraftKings (DKNG) is expected to benefit from increasing inclination toward online gaming, Boyd Gaming (BYD) should benefit from reviving foot traffic in physical casinos. But which of these stocks is a better buy now?…

StockNews.com · Aug 23, 2022

3 Stocks Hitting the Panic Button Right Now

The market is expected to remain under pressure with inflation still far higher than the Fed’s target level, consecutive rate hikes, and rising geopolitical issues. Given the increasing odds of a recession, fundamentally weak stocks, DraftKings (DKNG), Carvana (CVNA), and Flux Power (FLUX) are hitting the panic button now. Thus,…

StockNews.com · Aug 19, 2022

If You Invested $1,000 In DraftKings (DKNG) Stock At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

Benzinga · Aug 6, 2022

DraftKings Q2 Earnings Highlights: Revenue Beat, Company Raises Guidance, Optimistic On More State Sports Betting Launches

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

Benzinga · Aug 5, 2022

Is DraftKings Stock a Buy Under $15?

Digital sports entertainment and gaming company DraftKings Inc. (DKNG) has been making several positive developments and generating solid revenues, but it’s unable to channel its revenues to become profitable. So, let’s find out if it is wise to bet on the stock at the current price level.

StockNews.com · Jun 11, 2022

DraftKings Extends Partnership With UFC To Include Gamified NFT

DraftKings Inc (NASDAQ:DKNG) and the mixed martial arts organization UFC plan to launch a new iteration of DraftKings' 'Reignmakers' gamified digital collectibles franchise focused on UFC. Reignmakers UFC will allow fans to build collections of their favorite UFC fighters and utilize them in games to compete for prizes.  The parties expect the first…

Benzinga · Jun 10, 2022

5 Small-Cap Growth Stocks Wall Street Believes Will Double in the Next 12 Months

The stock market has been under immense pressure of late on investor concerns about Federal Reserve interest rate increases to combat 40-year-high inflation, and growing recession risks. However, the market’s volatility is creating opportunities for investors to buy quality growth stocks at attractive prices. As the markets recover, Wall Street…

StockNews.com · Jun 1, 2022