DraftKings (DKNG) News Today

$44.21
-0.76 (-1.69%)
(As of 05/17/2024 ET)
DraftKings Inc. (NASDAQ:DKNG) Shares Sold by Dynamic Technology Lab Private Ltd
Dynamic Technology Lab Private Ltd reduced its position in DraftKings Inc. (NASDAQ:DKNG - Free Report) by 26.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 50,528 shares of the company's stock after selling 18,340 shares during the period. Dynamic Technology
UBS Group Increases DraftKings (NASDAQ:DKNG) Price Target to $60.00
Robeco Institutional Asset Management B.V. Buys 651,420 Shares of DraftKings Inc. (NASDAQ:DKNG)
Robeco Institutional Asset Management B.V. lifted its stake in shares of DraftKings Inc. (NASDAQ:DKNG - Free Report) by 1,356.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 699,442 shares of the company's s
EFG Asset Management North America Corp. Takes Position in DraftKings Inc. (NASDAQ:DKNG)
EFG Asset Management North America Corp. bought a new position in shares of DraftKings Inc. (NASDAQ:DKNG - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 32,751 shares of the company's stock, valued at approximat
Short Interest in DraftKings Inc. (NASDAQ:DKNG) Decreases By 6.4%
DraftKings Inc. (NASDAQ:DKNG - Get Free Report) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totalling 18,730,000 shares, a drop of 6.4% from the April 15th total of 20,000,000 shares. Based on an average trading volume of 11,420,000 shares, the days-to-cover ratio is presently 1.6 days.
Massachusetts Financial Services Co. MA Buys 781,058 Shares of DraftKings Inc. (NASDAQ:DKNG)
Massachusetts Financial Services Co. MA grew its stake in shares of DraftKings Inc. (NASDAQ:DKNG - Free Report) by 21.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,424,931 shares of the company's stock after acqui
DraftKings (NASDAQ:DKNG) PT Raised to $60.00
UBS Group increased their price objective on shares of DraftKings from $56.00 to $60.00 and gave the stock a "buy" rating in a report on Wednesday.
DraftKings Inc. (NASDAQ:DKNG) Shares Purchased by Nicholas Investment Partners LP
Nicholas Investment Partners LP boosted its holdings in shares of DraftKings Inc. (NASDAQ:DKNG - Free Report) by 154.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,521 shares of the
DraftKings Inc. (NASDAQ:DKNG) Shares Acquired by Charles Schwab Investment Management Inc.
Charles Schwab Investment Management Inc. increased its holdings in shares of DraftKings Inc. (NASDAQ:DKNG - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,891,243 shares of the compa
Ieq Capital LLC Buys 173,217 Shares of DraftKings Inc. (NASDAQ:DKNG)
Ieq Capital LLC increased its position in DraftKings Inc. (NASDAQ:DKNG - Free Report) by 198.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 260,653 shares of the company's stock after acquiring an additional 173,217 shar
141,992 Shares in DraftKings Inc. (NASDAQ:DKNG) Purchased by Jump Financial LLC
Jump Financial LLC acquired a new position in shares of DraftKings Inc. (NASDAQ:DKNG - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 141,992 shares of the company's stock, valued at approximately $5,005,000
Vestor Capital LLC Buys New Position in DraftKings Inc. (NASDAQ:DKNG)
Vestor Capital LLC acquired a new position in DraftKings Inc. (NASDAQ:DKNG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 139,687 shares of the company's stock, valued at appr
Insider Selling: DraftKings Inc. (NASDAQ:DKNG) Insider Sells 200,000 Shares of Stock
DraftKings Inc. (NASDAQ:DKNG - Get Free Report) insider Jason Robins sold 200,000 shares of the stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $42.67, for a total transaction of $8,534,000.00. Following the sale, the insider now owns 2,849,215 shares of the company's stock, valued at $121,576,004.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Analysts Set Expectations for DraftKings Inc.'s Q4 2024 Earnings (NASDAQ:DKNG)
DraftKings Inc. (NASDAQ:DKNG - Free Report) - Analysts at Northland Capmk boosted their Q4 2024 earnings estimates for DraftKings in a research note issued on Monday, May 6th. Northland Capmk analyst G. Gibas now forecasts that the company will post earnings of $0.28 per share for the quarter, up
Swiss National Bank Has $46.03 Million Stake in DraftKings Inc. (NASDAQ:DKNG)
Swiss National Bank reduced its stake in DraftKings Inc. (NASDAQ:DKNG - Free Report) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,305,764 shares of the company's stock after sel
Peregrine Asset Advisers Inc. Makes New $1.82 Million Investment in DraftKings Inc. (NASDAQ:DKNG)
Peregrine Asset Advisers Inc. bought a new position in DraftKings Inc. (NASDAQ:DKNG - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 51,635 shares of the company's stock, valued at approximately $1,820,000. Several other hedge f
DraftKings (NASDAQ:DKNG) PT Raised to $35.00 at Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft lifted their price target on shares of DraftKings from $34.00 to $35.00 and gave the company a "hold" rating in a report on Monday.
Jefferies Financial Group Increases DraftKings (NASDAQ:DKNG) Price Target to $54.00
Jefferies Financial Group boosted their target price on DraftKings from $52.00 to $54.00 and gave the stock a "buy" rating in a research report on Monday.
Vestmark Advisory Solutions Inc. Takes $6.84 Million Position in DraftKings Inc. (NASDAQ:DKNG)
Vestmark Advisory Solutions Inc. bought a new stake in DraftKings Inc. (NASDAQ:DKNG - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 194,164 shares of the company's st
River Global Investors LLP Has $2.21 Million Stock Position in DraftKings Inc. (NASDAQ:DKNG)
River Global Investors LLP lessened its stake in shares of DraftKings Inc. (NASDAQ:DKNG - Free Report) by 40.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 62,693 shares of the company's stock after selling 4
DraftKings (NASDAQ:DKNG) Announces Quarterly Earnings Results, Misses Estimates By $0.02 EPS
DraftKings (NASDAQ:DKNG - Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of ($0.28) by ($0.02). DraftKings had a negative net margin of 21.88% and a negative return on equity of 87.24%. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the prior year, the company posted ($0.87) earnings per share. The firm's revenue was up 52.7% compared to the same quarter last year.
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DraftKings' 5% Dip: Market Warning or Buy Signal?

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This page (NASDAQ:DKNG) was last updated on 5/19/2024 by MarketBeat.com Staff

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