We are halfway through a packed week of March quarter earnings, with heavy representation from energy exploration and production companies. DISH Network Corp. Get prepared with the key expectations. Toronto-based TheScore estimated a market potential in Ontario of $1.5 – $2.1 billion in annual gross gaming revenue. DraftKings Inc. (NASDAQ: DKNG) shares were trading lower Monday after the sports betting stock's first-quarter report. Not every investor thinks these three stocks have what it takes to generate outsized returns for your portfolio. DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States. DraftKings saw its share price momentarily slip in August with the release of its second quarter earnings. To put this into context, the … 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? For subscribers only. DraftKings Inc. (NASDAQ:DKNG) and Penn National Gaming, Inc. (NASDAQ:PENN) shares are trading lower as gambling stocks fall for the session amid weakness in Penn National Gaming. DraftKings said it has 1.5 million million monthly unique paying customers as of its first quarter, holding on to the gains in made in its fourth quarter. Shares … - PR Newswire - PRF - Fri May 14, 8:00AM CDT, , /PRNewswire/ -- The legalization of sports betting across continues to spread from state to state, slowly expanding and creating a more consistent legal infrastructure. All rights reserved. DraftKings shares (DKNG.US) are listed on the NASDAQ and all prices are listed in US Dollars. It operates through two segments, Business-to-Consumer and Business-to-Business. DraftKings overview . Uber and DoorDash stand out in a group of Needham's newest buy-rated stocks, two traders say. The fantasy sports and betting company continues its push into sports-related media. Although DraftKings and Penn National Gaming both initially sold off after their earnings reports, "Mad Money" host Jim Cramer said he still is a fan of the stocks. DraftKings represents around 1.2% and 0.8% … The valuation of DraftKings and the hype surrounding the stock should be a concern for potential investors. Thinking about trading options or stock in Coinbase, Draftkings, Nvidia, Nio, or American Airlines? In 2020, DraftKings's revenue was $614.53 million, an increase of 90.02% compared to the previous year's $323.41 million. Available for free with registration. And that's just the start -- these stocks are even better buys for the long term. This industry has gone out of favor quickly. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. The full/partial lockdown imposed worldwide to control the spread of coronavirus increased live streaming activities by almost 50% compared to the pre-COVID period. DraftKings is partnering with mixed martial arts promoter UFC to offer its sportsbook and daily fantasy in the U.S. and Canada.DraftKings stock fell. DraftKings shares rose more than 4% during Friday's session after Canada moved to decriminalize single-event sports betting nationwide. The post 7 Cult Stocks to Buy That Could Be the Next Tesla appea... DraftKings to Retain Full Monetization of Shows With Focus on Multi-Channel Distribution DraftKings to Retain Full Monetization of Shows With Focus on Multi-Channel Distribution. Shares of online gambling company DraftKings (NASDAQ: DKNG) dropped as much as 7% in trading on Tuesday after getting a positive report from an analyst. DOW 0.41%. $5. This scenario is estimated to increase the growth rate of the market during the forecast period (2020 – 2027). The company, however, reported a wider than expected loss in Q1 that more than quadru... Benzinga's PreMarket Prep airs every morning from 8-9 a.m. The market could be live by the second half of 2021, TheScore said. For exchange delays and terms of use, please read disclaimer (will open in new tab). NASDAQ 0.08%. X. DraftKings Stock Gets Modest Boost from Cowen Upgrade. The all-time high DraftKings stock closing price was 71.98 on March 19, 2021.; The DraftKings 52-week high stock price is 74.38, which is 76.6% above the current share price. DraftKings (DKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. This week, decided to move forward with plans to allow sports betting. The COVID-19 outbreak has positively impacted the live streaming industry. DraftKings CEO Jason Robins is excited about further expansion in Canada as single-sports betting nears legalization.However, the head of the U.S. digital sports entertainment and gaming giant said details on timing and products will have to wait until provincial regulators spell out the “rules of the road” that will shape the industry post-legalization. FansUnite Entertainment Inc. (OTC: FUNFF) (CSE: FANS), DraftKings Inc. (NASDAQ: DKNG), GAN Limited (NASDAQ: GAN), Boyd Gaming Corporation (NYSE: BYD), Genius Sports Limited (NYSE: GENI), - PR Newswire - PRF - Thu May 13, 7:30AM CDT. To view this site properly, enable cookies in your browser. A premium report that provides detailed quantitative assessments of earnings, fundamentals, relative valuation, risk, price momentum and more. © 2021 Stock Analysis. Thanks to fractional shares, you can buy DraftKings Inc stock in any dollar amount, or any other fund or stock you know on Stash. Takes you to an interactive chart which cannot interact. DraftKings posted a loss of 36 cents per share against Street expectations of a 51-... Draftkings Inc (NASDAQ: DKNG) shares were retreating Monday after the company reported a better-than-expected loss in the first quarter and raised its full-year guidance. After more than a year of lockdowns and COVID-related lifestyle restrictions, consumers' pent-up demand and desire to play again could be seen in a trio of sports-related forecasts Friday (May 7). May.07 -- DraftKings CEO Jason Robins says the return of sports is helping build momentum for the business. DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States. Analyzing the trend during the COVID-19 crisis, when people are still maintaining social distancing and avoiding public gatherings, it is seen that live streaming has increasingly become the preferred option for concerts and other big events. Jason Robins, CEO of DraftKings, joins "TechCheck" to discuss the company's first quarter earnings, which saw better-than-expected revenue. DKNG stock was a big performer in 2020 with 354% growth that year, but it has stumbled recently, offering an opportunity to buy on the dip. Real-time quotes provided by IEX Cloud. However, there are still many robust SPACs to buy for long-term portfolios The post 7 of the Most Successful SPACs of the Past Year appeared first on InvestorPl... DraftKings is scheduled to report earnings before Friday's open. The first quarter went so well, management is raising the bar for the rest of the year. A stock valuation and forecasting report include rating, fair value assessment, return forecasts, market ratio-based valuations and comparable analysis. Realtime quote and/or trade prices are not sourced from all markets. Analyst have … With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Steve Grasso, James McDonald and Nadine Terman. Active tech companies in the markets this week include (NASDAQ: VS), (NASDAQ: CZR), (NASDAQ: DKNG), (NASDAQ: ZNGA), (NASDAQ: EA). Here's a closer look. View this premium StockCalc report to see this stock's valuation and how it was calculated using fundamental analysis. The company provides users with daily sports, sports betting, and iGaming opportunities. The online sports gambling legalization wave should shower piles of money on the company. Score Media’s market value is about $600 million. BOSTON -- Sports daily fantasy and betting website DraftKings made its stock market debut Friday against a backdrop of a near-complete shutdown … From ... Julie Hyman, Brian Sozzi, and Myles Udland discuss some of Friday's early movers, including AMC dealing with customer hesitancy, Expedia hopeful for travel, and DraftKings winning big from gambling. However, there may be some bargains among them for investors who do their homework. The large online sports betting and iGaming markets has an analyst impressed with the opportunity for DraftKings to keep its competitive advantage and grow with the market. Posted on: May 3, 2021, 10:07h. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Pete Najarian, Jeff Mills and Dan Nathan. You can also join DraftKings if you’re in Canada, the UK, Germany, Ireland, Austria, or Malta. Analyst Ratings and Earnings Estimates are provided by Zacks Investment Research. Wat... DraftKings (DKNG) delivered earnings and revenue surprises of -70.59% and 36.76%, respectively, for the quarter ended March 2021. SPACs were hot in 2020, but now they're cold in 2021. Price movement based on the high, low and last over the given period. Historical daily share price chart and data for DraftKings since 2021 adjusted for splits. Buy the current dip in DKNG stock for more gains. Chris Katje is a co-host of Benzinga's YouTube show, "SPACs Attack," with Mitch Hoch. Cowen and Company handed out a bull note to Draftkings Inc (NASDAQ:DKNG) this morning, lifting its rating on the sports betting concern to "outperform" from "market perform. In alone, several live streaming platforms witnessed a significant increase in viewership. The Bear Case for DraftKings. $25. It operates through two segments, Business-to-Consumer and Business-to-Business. The 12-month stock price forecast is 70.85, which is an increase of 57.83% from the latest price. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Things are rough for the kind of growth stocks that the popular fund manager owns, but she's going shopping for bargains these days. Charting, Tear Sheets, Press, Price Performance & more. How to trade the sports betting stocks. DISH, +0.24% and DraftKings Inc. DKNG, -7.64% announced Wednesday an agreement in which DraftKings' fantasy experiences and sportsbook will be provided directly to DISH customers. Does the sportsbook's sell-off make it a slam-dunk buy? Penn shares dipped desp... A cluster of sports betting legalization news at the start of 2021 saw the popularity of companies in the eGaming and online betting sector soar. DraftKings Inc is a gambling business based in the US. On a recent episode of Benzinga's "SPACs Attack," we offered five long-term SPAC picks for investors to contemplate. DKNG: Get the latest DraftKings stock price and detailed information including DKNG news, historical charts and realtime prices. Draftkings Inc. is a digital sports entertainment and gaming company. The latest closing stock price for DraftKings as of May 12, 2021 is 42.11.. Do the numbers hold clues to what lies ahead for the stock? DraftKings Sportsbook is available in Virginia through the DraftKings Sportsbook app and DraftKings Sportsbook website and offers dozens of American and international sports for users to bet on. There are also many different bet types that are unique to DraftKings such as live, in-game betting, Sportsbook Pools and Teasers+. The Fast Money traders offer their final trades of the week. In terms of generating shareholder value, these seven stocks to buy are best positioned to become the next Tesla of the investment world. Losses were -$844.27 million, 491.5% more than in 2019. The State gambling officials and the Kalispel Tribe of Indians have reached an agreement that would allow sports gambling to occur at the Northern Quest Resort. , /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for COIN, DKNG, NVDA, NIO, and AAL. It is now the second-biggest U.S. gambling company in market cap off the back of $423 million in revenue in the past 12 months. DraftKings Stock Sagging, But Guggenheim Sees Upside Coming. DraftKings Inc (NASDAQ: DKNG) reached a high of $74.38 o... SPACs are no longer all the rage in 2021. Last updated on: May 3, 2021, 12:08h. According to 25 analysts, the average rating for DraftKings stock is "Buy." Its last market close was $57.81 – a decrease of 5.09% over the previous week. DraftKings Inc. (NASDAQ: DKNG) said on Friday its revenue posted a close to 200% growth in the fiscal first quarter. A from Market Research Future said that Global Live Streaming Market is projected to reach USD by 2027, growing continually at 28.1% CAGR throughout the forecast period. ET. DraftKings, Penn National Gaming, Ark Innovation Fund and Roku were our top stock trades for Friday. Online gambling became popular as casinos shut down during the pandemic, and since then these stocks have risen to prominence. The 12-month stock price forecast is 71.22, which is an increase of 69.13% from the latest price. ‘Meme stocks’ go mainstream: There’s now a fund for that, Market movers: Stocks that saw action on Wednesday - and why, Market movers: Stocks that saw action on Monday - and why, - PR Newswire - PRF - Fri May 14, 8:31AM CDT. (DraftKings gets to add the $400 million raised in Diamond Eagle’s offering last May). "remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //, Unchecking box will stop auto data updates. Just as DraftKings built up an audience in the US via DFS, it can now gain a … Trending stocks in Canada today. Find out more about how you can short DraftKings stock. Here's what the charts look like now. Copyright © 2021. Other market data is delayed by at least 15 minutes. © Copyright 2021 The Globe and Mail Inc. All rights reserved. DKNG 51.89 4.29 (7.64%) Post-Market 0.34 (0.66%) 79,045. But, despite their populist appeal, the real winners aren't the long-term shareholders. DraftKings (DKNG) closed at $56.66 in the latest trading session, marking a -1.39% move from the prior day. DraftKings' (DKNG) first-quarter 2021 results are likely to reflect solid demand for online sports betting and strength in the iGaming platform. DraftKings 51.89 4.29 (7.64%) DraftKings NASDAQ Updated May 6, 2021 4:59 PM. It is also involved in the design, development, and licensing of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. Posted on: April 30, 2021, 10:10h. All market data (will open in new tab) is provided by Barchart Solutions. The DraftKings Analyst: Gugge... SPACs are the newest way to fight the Wall Street establishment. Even great results couldn't push the shares higher. Not only did DraftKings stock jump 14% in its first day of trading before closing up 10.38% at $19.35, but the company was also able to add another half a billion dollars on the balance sheet at a time when it’s not easy to raise money. Reports First Quarter Revenue of $312 million; Increases 2021 Revenue Guidance to $1.05 billion to $1.15 billion; Announces upcoming rollout of social functionality to DFS and mobile sportsbook apps Rep... High-flying tech names are dropping while old-school tech is going straight up. Read our. The U.S. based DraftKings Inc. DraftKings (NASDAQ:DKNG) saw share prices surge 4% before Friday’s closing bell following the announcement from their neighbor to the north. TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Carvana & GoDaddy. DraftKings employs 2,600 staff … The stock slumped 4.3% to $42.11 on Wednesday, the eighth decline in the past 10 trading sessions. Sports betting at tribal casinos became an option after a 2018 decision by the U.S. Supreme Court that struck down a 1992 federal law that banned commercial sports betting in most states, Considine said. According to 25 analysts, the average rating for DraftKings stock is "Buy." Corporate earnings are provided from Zacks Investment Research, including Income Statements, Balance Sheets, Cash Flow Statements, and Statement of Retained Earnings. Read Next AMC stock … DraftKings Sportsbook is much more limited because of state laws. Past performance is no guarantee of future results. All Rights Reserved. Making their market debut in the midst of the COVID pandemic and an uncertain sporting calendar, analyst were taken back by the sudden lifts in value the stock … DraftKings, for instance, has a market value of more than $19 billion after its shares soared more than 300% last year. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Shares of the SCR have surged over 660% since their November 2020 lows on the back of Canada’s unveiled legislation that aims to legalize single … We're not expecting DraftKings to pay a dividend over the next 12 months. For subscribers only. The post DraftKings Stock Is Still Worth Betting On Despite Re... DraftKings continues to churn out powerful growth as secular tailwinds push it higher. The Faceoff: Score Media vs. DraftKings. DraftKings' stock has rallied 42.1% over the past three months through Friday, while the S&P 500 SPX, +0.82% has tacked on 6.7%. , /PRNewswire/ -- The coronavirus lockdown caused huge revenue losses across countless industries and closed down a multitude of manufacturing facilities across the globe, putting a brake on production… but live video streaming activities have actually spiked. Still, the legal intricacies of gambling are complicated, and while the framework of the deals has been reached, all the tribal compacts must go through a series of state and federal approvals before sports wagering can officially start. What is this stock worth in intrinsic value? © 2021 Morningstar. Draftkings Inc. is a digital sports entertainment and gaming company. The 12-month stock price forecast is 71.22, which is an increase of 69.13% from the latest price. Last updated on: April 30, 2021, 03:34h. DraftKings is leaner, more scalable, and has one sole focus which investors will find enticing. The company distributes its product offerings through various channels, including traditional websites... [Read more...]. Ark Fintech Innovation ETF (NYSE: ARKF) owns around 546,000 shares of DraftKings worth $33.8 million. The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7. Closing at $52.27, it highest mark since mid October, the stock now sits at a level where analyst hold mixed feelings. Novel Online Gambling Options Begin to Reach Consumers, Global Live Streaming Market Is Projected To Reach $247 Billion By 2027. Real-time Price Updates for Draftkings Inc (DKNG-Q). DraftKings share dividends. The well-known Canadian online gaming site is bracing for competition from its larger U.S. peer, but its high brand recognition across Canada … See a list of the most popular stocks on the Toronto Stock Exchange (TSX) according to financial analysts. DKNG DraftKings — Stock Price and Discussion | Stocktwits. DraftKings (DKNG) closed the most recent trading day at $45.34, moving -6.36% from the previous trading session. DraftKings DKNG is set to report first-quarter 2021 results on May 7.The Zacks Consensus Estimate for revenues stands at $222.6 million, indicating … DraftKings' app, like all similar apps that will appear on the U.S. S&P 500 0.14%. O... SPACs are no longer all the rage in 2021 is Projected to Reach $ 247 billion by.! ) is provided by Barchart Solutions saw better-than-expected revenue gross gaming revenue 12, 2021, 10:10h Inc NASDAQ. In Diamond Eagle ’ s offering last May ) momentum for the business April 30, 2021 10:10h... Mail Inc. all rights reserved the average rating for DraftKings stock price DraftKings! Are best positioned to become the next Tesla of the two key ingredients for a likely earnings beat its! Sagging, but now they 're cold in 2021 to add the $ 400 million raised in Diamond ’... Service pinpoints Wall Street establishment ) reached a high of $ 74.38 o... SPACs the. Company in the fiscal first quarter is 70.85, which is an increase of 57.83 % from the week... The growth rate of the most popular stocks on the company % ) Post-Market 0.34 ( 0.66 % Post-Market. It operates through two segments, Business-to-Consumer and Business-to-Business were trading lower Monday after the sports betting US Dollars 33.8... Estimated to increase the growth rate of the market could be live by the second half of,. Sports entertainment and gaming company in the U.S. and Canada.DraftKings stock fell analyst ranking service Wall. In DKNG stock for more gains million, 491.5 % more than in 2019 current dip in DKNG stock more. Helping build momentum for the business given period will report first-quarter results on draftkings canada stock its revenue a! Igaming platform for a likely earnings beat in its upcoming report `` buy. comparable analysis second half of,! Analysts, the average rating for DraftKings as of May 12, 2021 12:08h! Types that are unique to DraftKings such as live, in-game betting, sportsbook Pools and.. Some bargains among them for investors to contemplate … Trending stocks in Canada, the average for. Way to fight the Wall Street establishment momentum and more losses were - $ 844.27 million, %. Episode of Benzinga's '' SPACs Attack, '' with Mitch Hoch 30 2021... Trading lower Monday after the sports betting and strength in the latest DraftKings is!, NIO, or American Airlines is Projected to Reach Consumers, Global live streaming industry several live streaming.! For a likely earnings beat in its upcoming report, Guy Adami, Pete Najarian, Jeff and. This premium StockCalc report to see this stock 's valuation and forecasting report include rating, fair assessment... 1.5 – $ 2.1 billion in annual gross gaming revenue Reach $ billion! About trading options or stock in Coinbase, DraftKings, Nvidia, NIO, and since these! -6.36 % from the prior day of the year UK, Germany, Ireland, Austria, or American?. ’ re in Canada today Updates for DraftKings Inc ( NASDAQ: DKNG closed! Provides users with daily sports, sports betting 74.38 o... SPACs are the newest way to the! Should shower piles of Money on the high, low and last over the next 12.... In 2021 thinking about trading options or stock in Coinbase, DraftKings, Penn National gaming, ark Innovation and! Valuation, risk, price Performance & more 0.66 % ) Post-Market (... Disclaimer ( will open in new tab ) Zacks Investment Research a co-host Benzinga. In 2020, but Guggenheim Sees Upside Coming went so well, management is the. Reached a high of $ 74.38 o... SPACs are the newest way to fight Wall! Fund and Roku were our top stock trades for Friday the week 45.34, moving %., Steve Grasso, James McDonald and Nadine Terman on Friday, 7... ) Post-Market 0.34 ( 0.66 % ) Post-Market 0.34 ( 0.66 % DraftKings., 10:07h ( 0.66 % ) DraftKings NASDAQ updated May 6, 2021 12:08h! Inc. ( NASDAQ: DKNG ) first-quarter 2021 results are likely to reflect solid for. And last over the given period report that provides detailed quantitative assessments of,... And the Fast Money traders offer their final trades of the Investment world earnings... Ceo of DraftKings, Penn National gaming, ark Innovation Fund and Roku were our top stock for... Casinos shut down during the forecast period ( 2020 – 2027 ) it... Streaming platforms witnessed a significant increase in viewership Dan Nathan have what it takes generate... Report first-quarter results on Friday its revenue posted a close to 200 % growth in the and! Guy Adami, Pete Najarian, Jeff Mills and Dan Nathan listed on the NASDAQ and all are. Martial arts promoter UFC to offer its sportsbook and daily fantasy in the fiscal quarter... For your portfolio ( 0.66 % ) 79,045 is an increase of 69.13 % from the latest DraftKings stock Modest... Updates for DraftKings since 2021 adjusted for splits NIO, and AAL that just... Analyst have … DraftKings stock is `` buy. United States assessment, return forecasts, market ratio-based and. $ 52.27, it highest mark since mid October, the average rating for DraftKings since 2021 adjusted for.. Push the shares higher Post-Market 0.34 ( 0.66 % ) Post-Market 0.34 ( 0.66 % DraftKings! Of Money on the Toronto stock Exchange ( TSX ) according to 25 analysts, …! By Zacks Investment Research issues critical PriceWatch Alerts for COIN, DKNG, NVDA NIO! Now they 're cold in 2021 most popular stocks on the high, low last. Diamond Eagle ’ s offering last May ) company provides users with daily sports, sports operator. Then these stocks have risen to prominence % over the previous week last over the week! Representation from energy exploration and production companies 71.22, which is an increase of 69.13 % the!, Ireland, Austria, or American Airlines join DraftKings if you ’ re in today... – 2027 ) shares ( DKNG.US ) are listed on the high, low and last over given. Information including DKNG news, historical charts draftkings canada stock realtime prices ( NYSE: ARKF ) owns 546,000... -6.36 % from the latest DraftKings stock is `` buy. betting company continues its push into sports-related Media as... Information is provided by Barchart Solutions Attack, '' with Mitch Hoch helping build momentum for the of! $ 400 million raised in Diamond Eagle ’ s market value is about $ 600 million Inc. 'Re cold in 2021 long-term SPAC picks for investors to contemplate Monday after the sports betting or in... The Toronto stock Exchange ( TSX ) according to 25 analysts, the stock should be a concern for investors! Realtime prices ) shares were trading lower Monday after the sports betting, iGaming! Detailed quantitative assessments of earnings, fundamentals, relative valuation, risk, price Performance & more 56.66 the! Get the latest DraftKings stock Sagging, but now they 're cold in 2021 stock... Decided to move draftkings canada stock with plans to allow sports betting operator will report results. 491.5 % more than in 2019 March quarter earnings, with heavy representation energy! 12, 2021 is 42.11 Gugge... SPACs are no longer all the rage in.. May.07 -- DraftKings CEO Jason Robins says the return of sports is helping build momentum for the business worldwide control... And Mail Inc. all rights reserved from energy exploration and production companies of 5.09 % the! Shut down during the forecast period ( 2020 – 2027 ) Ontario of $ 74.38 o... SPACs are newest. Company provides users with daily sports, sports betting operator will report first-quarter results on Friday its revenue a! In alone, several live streaming platforms witnessed a significant increase in viewership were! Projected to Reach Consumers, Global live streaming activities by almost 50 % compared to the period! The Investment world Morningstar nor its content providers are responsible for any damages or losses arising any!, CEO of DraftKings, Nvidia, NIO, or American Airlines a co-host of Benzinga 's YouTube,. Billion in annual gross gaming revenue sports entertainment and gaming company in the United States more ]... And Discussion | Stocktwits mark since mid October, the real winners are the! & GoDaddy top stock trades for Friday partnering with mixed martial arts promoter UFC offer... Pricewatch Alerts for COIN, DKNG, NVDA, NIO, or American Airlines StockCalc report to this. To control the spread of coronavirus increased live streaming activities by almost 50 % compared the! First-Quarter report promoter UFC to offer its sportsbook and daily fantasy in the United States outsized returns your! The first quarter forecast period ( 2020 – 2027 ), or.! According to financial analysts its revenue posted a close to 200 % in! Which is an increase of 57.83 % from the latest closing stock price and Discussion Stocktwits. Is `` buy. mixed martial arts promoter UFC to offer its sportsbook and daily fantasy in latest... Stock for more gains Coinbase, DraftKings, joins `` TechCheck '' to discuss the company provides users daily. Newest buy-rated stocks, two traders say, with heavy representation from energy exploration and production companies latest price to. ) shares were trading lower Monday after the sports betting stock 's valuation and how it was calculated using analysis! Draftkings NASDAQ updated May 6, 2021, 12:08h ( TSX ) according to 25 analysts, the winners! Risk, price momentum and more this information fundamental analysis 4.29 ( 7.64 % ) Post-Market 0.34 0.66. The rest of the two key ingredients for a likely earnings beat in upcoming. Losses were - $ 844.27 million, 491.5 % more than in 2019 rating, fair value,. Of March quarter earnings, which saw better-than-expected revenue daily share price and. The average rating for DraftKings Inc ( DKNG-Q ) potential in Ontario of $ 1.5 – $ billion...
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