DKNG - DraftKings Inc.

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $35.75 DETAILS

Stock News

Here's Why DraftKings (DKNG) Fell More Than Broader Market

In the latest trading session, DraftKings (DKNG) closed at $24.84, marking a -1.62% move from the previous day.

Jul 16, 2026 03:01 PM • zacks.com

Bear Cave Renews DraftKings Bear Case on Prediction Market Momentum

Short-seller research outlet The Bear Cave published its latest report on DraftKings Inc. (NASDAQ:DKNG) Thursday, arguing that prediction markets are pulling users away from traditional sportsbooks and that the risk is not priced into the stock.

Jul 16, 2026 07:32 AM • benzinga.com

DraftKings: A 40% Selloff Runs Contrary To The 64% Adjusted EBITDA Increase

DraftKings (DKNG) is transitioning from a waiting game to approaching consistent profitability, as evidenced by strong Q1 2026 results. Q1 2026 revenue grew 17% YoY, while EBITDA surged 64% YoY, highlighting significant operating leverage. DKNG now benefits from multiple growth drivers: improved sportsbook margins, iGaming expansion, prediction markets, and higher revenue per customer.

Jul 16, 2026 04:09 AM • seekingalpha.com

TRWD Appoints Technology and Payments Veteran Jeremy Woertink to Advisory Board

NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD adds former Marine and Joystick.tv programmer Jeremy Woertink to advance its payment gateway and evaluate strategic tech acquisitions.

Jul 16, 2026 03:30 AM • businesswire.com

DraftKings to Release Second Quarter 2026 Results on August 6, 2026 and Host Conference Call on August 7, 2026

BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its second quarter 2026 results after the close of market trading on Thursday, August 6, 2026. DraftKings will host a conference call and audio webcast the following morning, Friday, August 7, 2026, at 8:30 a.m. ET, during which management will discuss the Company's results and provide commentary on business performance. To listen to the audio webcast and live Q&A, pl.

Jul 15, 2026 03:30 AM • businesswire.com

TRWD Announces Beacon Market Research Coverage With Positive Rating

NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--Beacon Market Research initiates TRWD coverage with a Positive rating and a $67M–$88M near-term enterprise value target.

Jul 14, 2026 03:30 AM • businesswire.com

DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It

Zacks.com users have recently been watching DraftKings (DKNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Jul 13, 2026 06:01 AM • zacks.com

Michael Burry Just Made Big Bets on Sports-Betting Stocks—Why the Odds Are On His Side

At first, I was a bit skeptical of the barrage of bearish bets placed by Dr. Michael Burry, the man made famous by The Big Short film.

Jul 13, 2026 05:31 AM • 247wallst.com

TRWD Establishes Financial Services Division to Target Multimillion-Dollar Market

NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD targets Multi Million Dollar adult payment processing, POS services and venue technology industry.

Jul 13, 2026 04:00 AM • businesswire.com

Why "Big Short" Investor Michael Burry Sees Upside in Beaten-Down Sportbook Stocks

Investor Michael Burry made hundreds of millions of dollars as the Great Financial Crisis unfolded by shorting subprime mortgages. This would lead to his eventual portrayal in the film “The Big Short," positioning him as a famed investor.

Jul 12, 2026 04:15 AM • marketbeat.com

Gaming and Leisure Properties: Buy The Dip On This High Yield

Gaming and Leisure Properties is upgraded to 'Strong Buy' due to discounted valuation and robust income growth prospects. GLPI trades at 10.5x forward P/FFO with a 7.6% yield, well below its historical average, offering attractive entry for income-focused investors. A $1.8 billion investment pipeline and contractual rent escalators provide clear visibility into AFFO growth through 2027.

Jul 10, 2026 03:30 AM • seekingalpha.com

DraftKings (DKNG) Stock Drops Despite Market Gains: Important Facts to Note

DraftKings (DKNG) reached $26.29 at the closing of the latest trading day, reflecting a -3.24% change compared to its last close.

Jul 09, 2026 02:51 PM • zacks.com

DraftKings Set to Launch Online Sportsbook and Casino in Alberta on July 13

BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its top-rated online sportsbook and casino, along with its Golden Nugget Online Gaming brand, in Alberta on July 13. Alberta will become the second Canadian province and the 34th jurisdiction across North America where DraftKings Sportsbook is available. With the launch, DraftKings Casino will be available in five U.S. states and Golden Nugget Online Gaming casino in four U.S. states, with both brands availa.

Jul 09, 2026 03:30 AM • businesswire.com

DraftKings' Bottom Is Here - FIFA/NFL/Midterm Tailwinds Ahead

DraftKings may deliver outsized FQ2'26 and H2'26 performance metrics, thanks to the potentially higher engagement trends from the FIFA World Cup/NFL/Midterm Election events. These may contribute to a raised FY2026 guidance, aided by the ramping-up prediction platform, the upcoming super app launch in Q3'26, and the growing base/revenue per user in FQ1'26. DKNG has also found a trading floor in the $20s, with the ambitious Investor Day targets implying their cheaply valued, multi-year, profitable growth prospects.

Jul 08, 2026 10:48 PM • seekingalpha.com

Michael Burry Bullish on Sportbooks, Goes Long DraftKings, Flutter

Michael Burry said on Wednesday that he is leaning into sports betting, adding long positions in DraftKings Inc. (NASDAQ:DKNG) and Flutter Entertainment plc (NYSE:FLUT), while cautioning against fast-growing prediction markets.

Jul 08, 2026 01:59 PM • benzinga.com

Michael Burry buys Flutter, DraftKings shares betting prediction-market threat will fade

Michael Burry, the investor famed for predicting and profiting from the 2008 U.S. housing market collapse, has bought shares of sports-betting platforms Flutter Entertainment and DraftKings , wagering regulatory scrutiny ‌will eventually curb the threat posed by prediction markets.

Jul 08, 2026 01:49 PM • reuters.com

Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation

Michael Burry of “The Big Short” said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment. He said Wednesday that he bought a full-sized position split roughly 60% in Flutter and 40% in DraftKings.

Jul 08, 2026 11:33 AM • cnbc.com

TRWD Advances Public-Market Platform for Gentlemen's Club Ownership and Experiential Hospitality Growth

NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD is building a public-market lane into Gentlemen's Club ownership with Peppermint Hippo, Las Tóxicas, 12+ venues, and $34M+ revenue.

Jul 08, 2026 04:00 AM • businesswire.com

Why DraftKings Stock Is Climbing as Traders Watch DKeX Prediction Markets Push

DraftKings Inc (NASDAQ:DKNG) shares are trading higher by about 3% on Tuesday, despite a lack of company-specific news for the session. Shares are up some 5% over the trailing week as the company pushes deeper into prediction-style products.

Jul 07, 2026 10:22 AM • benzinga.com