About DraftKings Inc. - Class A Common Stock (DKNG)
DraftKings Inc. is a leader in the digital sports entertainment and gaming industry, providing a platform for users to engage in fantasy sports and sports betting. The company offers a variety of products, allowing sports fans to participate in daily and season-long fantasy competitions, as well as wagering on live sporting events across various platforms. Through its innovative technology and user-friendly interface, DraftKings aims to enhance the sports viewing experience, offering a range of options for entertainment, engagement, and wagering in a regulated environment. The company continues to expand its offerings and market presence as the gaming landscape evolves. Read More
BofA Securities analyst expects cautious tone from gaming operators due to US/China tensions and lowered estimates for Macau and Vegas. Stocks down 12% YTD.
DraftKings trades at $35.19 per share and has moved almost in lockstep with the market over the last six months. The stock has lost 7.2% while the S&P 500 is down 7.3%. This may have investors wondering how to approach the situation.
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No perfect brackets remain in the 2025 March Madness tournament despite a low number of upsets. A look at the update betting odds and how Barack Obama's bracket is doing.
