DraftKings Inc.·Consumer Cyclical

Shares of DraftKings Inc. (NASDAQ: DKNG - Get Free Report) have been given an average recommendation of "Moderate Buy" by the thirty-two research firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and twenty-five have assigned a buy

DraftKings (NASDAQ:DKNG | DKNG Price Prediction) trades at $23.94 as of writing, sitting 26% below its 52-week high and down 30.53% year-to-date.

DraftKings (NASDAQ:DKNG | DKNG Price Prediction) stock is down 6% in Thursday afternoon trading, falling from a prior close of $23.94 to $22 and change.

DraftKings Inc (DKNG) stock is falling Thursday. Learn how Kalshi's $12B volume and new legal rulings are impacting traditional gaming leaders.

DraftKings is pouring tens of millions into Predictions, but no 2026 revenues are assumed as the new vertical remains in investment mode.

In the most recent trading session, DraftKings (DKNG) closed at $22.9, indicating a -1.12% shift from the previous trading day.
DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
Consumer Cyclical
Gambling, Resorts & Casinos
5,100
2019-07-25
1.67