DKNG DraftKings Inc
Company Analysis
Latest News
DraftKings Surges, as Court Ruling Blocks Prediction Market Rivals
Shares of DraftKings (DKNG) and Flutter Entertainment (FLUT) rose Friday following a U.S. Court of Appeals for the Ninth Circuit decision. The court ruled that...
🟢 DraftKings is trading 5% up today after securing exclusive U.S. access to CASHINGO
DraftKings is trading 5.37% up now at $25.52 after announcing a multi-year agreement granting it exclusive U.S. access to Games Global’s CASHINGO franchise...
🔴 DraftKings is trading 4.13% down today after Argus downgrade
DraftKings is trading 4.13% down at $24.73 after Argus downgraded the shares from Buy to Hold, citing elevated customer-acquisition costs, rising state gaming...
DraftKings Amends Credit Agreement, Securing $700M Term Loan and $750M Revolver
DraftKings Inc. has entered into a second amendment to its credit agreement, establishing a new $700 million incremental term loan facility and a new, upsized...
Steve Cohen's Point72 Exits $54.5M DraftKings (DKNG) Position
Steven Cohen's Point72 Asset Management sold its entire stake in DraftKings (DKNG), valued at approximately $54.50 million, during the second quarter of 2026....
🟢 DraftKings is trading 4.21% up today as broader markets rebound
DraftKings is trading at $26.09 (+4.21%) as it rebounds alongside broader markets amid stabilizing investor sentiment. - Major indices, including the S&P 500,...
🟢 DraftKings is trading 4.2% up today after Candle Lake disclosed 5.8% ownership
DraftKings is trading 4.2% up now at $25.05 after Kenneth Dart’s investment vehicle, Candle Lake Ltd., disclosed ownership of 28.58 million shares,...
🔴 DraftKings is trading 4.2% down today after new debt raised near-term leverage concerns
DraftKings is trading 4.21% down now at $24.23 as investors continue weighing its newly launched $600 million term loan and expanded $750 million revolving...
DraftKings launches $1.35 billion financing, targeting 2028 debt buyback
DraftKings has launched a $600 million senior secured term loan B. The company intends to use the proceeds to repurchase a portion of its convertible notes due...
🟢 DraftKings is trading 4.2% up today as annualized Predictions volume reached $11 billion
DraftKings is trading 4.2% up at $25.30 as investors continued rewarding strong Predictions momentum after the August 7, 2026 earnings report. - Management...
🟢 DraftKings is trading 4.52% up today on strong engagement and rapid Predictions expansion
DraftKings is trading 4.52% up now at $25.11 as investors continue rewarding strong engagement and rapid Predictions expansion following the August 6 earnings...
DraftKings Missed on Revenue but Won the Crowd — Can User Growth Alone Justify the Bet?
Shares surged 7.2% to $23.76 as investors looked past a messy top line and zeroed in on swelling customer numbers and a fast-growing prediction-markets...
🟢 DraftKings is trading 7.17% up today as investors focus on strong engagement
DraftKings is trading 7.17% up at $23.76 as investors focus on engagement despite second-quarter revenue declining 5% to $1.44 billion. - Sports Consumer...
🟢 DraftKings is trading 6% up in pre-market after maintaining fiscal 2026 guidance
DraftKings is trading 5.82% up at $23.46 after reporting second-quarter results on August 6, 2026, while maintaining fiscal 2026 guidance. - Revenue fell 5%...
DraftKings second quarter 2026 revenue fell 5% to $1.44B amid unfavorable sport outcomes
DraftKings reported second quarter 2026 revenue of $1.44 billion, a 5% year-over-year decrease primarily driven by customer-friendly sport outcomes and...
🔴 DraftKings is trading 5.4% down today on pre-earnings caution and defensive positioning
DraftKings is trading 5.4% down at $22.34 as investors position defensively ahead of its August 6, 2026, earnings report. • The decline appears idiosyncratic...
DraftKings Inc Q2 2026 Earnings Preview: What Analysts Expect on August 06, 2026
DraftKings is expected to report Q2 2026 revenue of $1.52 billion and earnings of $0.08 per share, with the stock currently trading at $23.55 compared to an...
🔴 DraftKings is trading 4.5% down today on weak sports-betting hold and spending concerns
DraftKings is trading 4.5% down today at $23.48 following analyst concerns over near-term profitability and sports-betting performance. • Analysts have...
🟢 DraftKings is trading 4.9% up today on improved sector sentiment and a broader risk-on tone
DraftKings is trading 4.9% up today at $24.14 on improved sector sentiment and a broader risk-on tone. • The stock is outperforming the broader market and...
DraftKings estimates cut by BofA, citing unfavorable betting results
Bank of America lowered its second-quarter earnings estimates for DraftKings ahead of its August 6 report. The bank reduced its Q2 EBITDA forecast to $120...