UNCOVERED: 23 | History Defined

Cathie Wood's Ark Scooped Up More DraftKings And Block Shares on Monday But Cut Stake In This Social Media Firm

Cathie Wood-led Ark Investment Management on Monday bought more shares in online sports betting firm DraftKings Inc (NASDAQ: DKNG) and fintech company Block Inc (NYSE: 

Benzinga · Mar 8, 2022

DraftKings Whale Trades For March 07

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.

Benzinga · Mar 7, 2022

DraftKings Partners With Zero Hash To Earn Staking Rewards On Polygon

DraftKings Inc (NASDAQ:DKNG) said it has partnered with business-to-business embedded infrastructure platform, Zero Hash, to earn staking rewards on the Polygon (MATIC) blockchain network. The collaboration aims to optimize DraftKings' working capital and liquidity. PoS refers to proof of stake, a blockchain consensus mechanism for verifying and adding transactions on a blockchain. Zero…

Benzinga · Mar 7, 2022

Why DraftKings Shares Could Be Gearing Up For A Reversal

DraftKings Inc. (NASDAQ: DKNG) shares are trading higher Wednesday as they were able to bounce off an area of support.

Benzinga · Feb 23, 2022

Caesars Raises The White Flag: Why Jim Cramer Prefers DraftKings Stock

Caesars Entertainment Inc (NASDAQ: CZR) announced weak earnings results after the market closed Tuesday, but the stock is rallying Wednesday after the company announced plans to cut ad spending on the sports betting market.

Benzinga · Feb 23, 2022

Why DraftKings Shares Are Falling Today

DraftKings Inc (NASDAQ: DKNG) is trading lower Tuesday after Wells Fargo analyst Daniel Politzer downgraded the stock from an Overweight rating to an Equal-Weight rating and lowered the price target from $41 to $19.

Benzinga · Feb 22, 2022

Expert Ratings For DraftKings

DraftKings (NASDAQ:DKNG) has observed the following analyst ratings within the last quarter:

Benzinga · Feb 22, 2022

10 Biggest Price Target Changes For Tuesday

Wells Fargo lowered DraftKings Inc. (NASDAQ: DKNG) price target from $41 to $19. DraftKings shares dropped 5.8% to $16.28 in pre-market trading.

Benzinga · Feb 22, 2022

What's Going On As DraftKings Stock Tanks Friday?

Draftkings Inc. (NASDAQ: DKNG) shares are trading down Friday after the company reported the fourth-quarter fiscal year 2021 sales growth of 47% year-on-year to $473.3 million, beating the analyst consensus of $445.18 million.

Benzinga · Feb 18, 2022

'We'll Play The Long Game': DraftKings CEO Remains Confident In Strategy Despite Stock Plunge

DraftKings Inc (NASDAQ: DKNG) shares are down 20% Friday despite announcing strong revenue numbers and raising 2022 guidance. So why is the stock falling?

Benzinga · Feb 18, 2022