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DraftKings is closing its retail sportsbook at Wrigley Field in response to higher Illinois wagering taxes. The company will keep its online sports betting operations active in Illinois. DraftKings and other operators have put a combined $41 million into a new super PAC focused on state sports betting rules. For investors watching NasdaqGS:DKNG, these moves come as the stock trades at $25.54, with mixed recent performance. Shares are up 3.8% over the past week and 11.9% over the past month,...

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Blaming increased Illinois wagering taxes, DraftKings is shutting down its two-year-old retail sportsbook at Wrigley Field, a high-profile but small part of its business. DraftKings, one of the leading sportsbooks in the state, will continue to operate online across Illinois, but the last day to place your bets in-person at the Friendly Confines will be May 31. “DraftKings has made the ...

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Earlier this week, financial disclosures showed former President Donald Trump initiated new positions in DraftKings and Red Rock Resorts while trimming other gaming holdings, revealing an extensive reshuffle of his multi-million-dollar investment trust in the first quarter of 2026. This move places a high-profile political figure among Red Rock Resorts’ shareholders, potentially increasing public scrutiny and interest in the company’s exposure to the US gaming market. We’ll now examine how...

DraftKings (NASDAQ:DKNG) is positioning prediction markets as a major growth opportunity while maintaining that its core online sports betting and iGaming businesses remain strong, according to comments made during a fireside discussion hosted by MoffettNathanson analyst Robert Fishman. The DraftKi

Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) jumped 2.2% in the afternoon session after analysts at Truist Securities reiterated a Buy rating on the company's shares.

DraftKings investors have been waiting for the company to prove that its online betting business can keep expanding while new growth bets start to take shape. In a Morgan Stanley note shared with TheStreet, analyst Stephen Grambling and his team lowered their DraftKings price target to $39 from ...

DraftKings Inc.'s ( NASDAQ:DKNG ) robust earnings report didn't manage to move the market for its stock. We did some...

Based on the average brokerage recommendation (ABR), DraftKings (DKNG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Consumer stocks were higher late Thursday afternoon, with the State Street Consumer Staples Select S

We recently published Jim Cramer Revealed His Big AI Investing Fear & Discussed These 20 Stocks. DraftKings Inc. (NASDAQ:DKNG) is one of the stocks discussed by Jim Cramer. Sports betting platform DraftKings Inc. (NASDAQ:DKNG)’s shares are down by 34% over the past year and by 30% year-to-date. Argus cut the firm’s rating to Hold from […]

We recently published Jim Cramer Revealed His Big AI Investing Fear & Discussed These 20 Stocks. Flutter Entertainment plc (NYSE:FLUT) is one of the stocks discussed by Jim Cramer. Flutter Entertainment plc (NYSE:FLUT) is a sports betting platform provider. Its shares are down by 60% over the past year and by 56% year-to-date. Moffett Nathanson […]

DraftKings (DKNG) faces a positive catalyst path from the FIFA World Cup driving incremental wagers

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Pre-Market Stock Futures: Futures are trading higher on Thursday after another wild day on Wall Street, during which the major indices moved in different directions. Another round of disturbing inflation data hit the tape as the Producer Price Index for April came in at 1.4%, the largest move higher in four years, while Producer prices ... Here Are Thursday’s Top Wall Street Analyst Research Calls: Commercial Metals, Doximity, Draftkings, Hut 8, Illumina, Lowe’s, TeraWulf, Starbucks, Whirlpool,

The stock has fallen nearly 30% this year on prediction market fears.

DoubleDown Interactive (NASDAQ:DDI) reported higher first-quarter revenue and profit, with management pointing to growth from acquired businesses, a larger direct-to-consumer revenue mix in social casino and continued cash generation across the company. For the quarter ended March 31, 2026, the com

Watch Meridian Holdings Fireside Below: IPO Edge hosted a fireside chat with Meridian Holdings Inc. (Nasdaq: MRDN) on Tuesday, May 12, 2026. The live event featured William Scott, Interim CEO, […]

Few stocks have whipsawed investors in 2026 quite like DraftKings (NASDAQ:DKNG). After hitting $48.78 last summer, shares fell to a 52-week low in February 2026 on guidance concerns and prediction-market competition fears. With the stock stabilizing, our model sees limited remaining upside from current levels. Our 24/7 Wall St. price target for DraftKings is $24.74 ... Prediction: DraftKings Could Surprise if Prediction Markets Deliver as Expected

DraftKings (DKNG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

DraftKings reported past first-quarter 2026 results with revenue of US$1,646.08 million, a shift to net income of US$21.07 million, and earnings per share turning positive compared with the prior year’s loss. Management kept full-year revenue and adjusted EBITDA guidance below analyst expectations while committing up to US$300 million in prediction market investments, signaling a meaningful capital shift toward its Predictions platform and planned proprietary exchange. Next, we’ll explore...

Agnico Eagle Mines Limited (NYSE:AEM) was one of the stocks featured in Jim Cramer’s Mad Money recap, as he discussed how the AI build-out could power the economy. Noting that the stock seems to be moving up, a caller asked for Cramer’s prediction for the next six months. He replied: You’re in, you would be […]

(Bloomberg) -- DraftKings Inc. reported revenue that rose 17% to $1.65 billion, slightly ahead of analysts’ estimates for $1.63 billion and said it would spend more on a new push into predictions markets. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS Fires on Iranian Targets as Trump Demands Deal From TehranIran’s President Says He Had Meeting With Injured Supreme LeaderApple’s C

Draftkings Inc (NASDAQ:DKNG) shares rose about 4% after the company reported mixed first quarter results, with stronger-than-expected revenue offset by a slight earnings miss. The online sports betting and gaming company posted revenue of $1.65 billion for the quarter ended March 31, up 17%...

DraftKings (DKNG) co-founder and CEO Jason Robins joins Yahoo Finance's Julie Hyman to discuss the earnings results, progress in prediction markets, and more.

DraftKings (NASDAQ:DKNG) reported first-quarter 2026 results that exceeded management’s expectations, driven by continued strength in its core Sportsbook business and an increasing push into sports predictions. First-quarter results and updated cadence commentary Co-founder and CEO Jason Robins sai

The headline numbers for DraftKings (DKNG) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.