DKNG has been in the news 750% more than usual
May 08, 2025, 6:32 PM
0.11%
What does DKNG do
DraftKings, headquartered in Boston, offers online sports betting, casino games, and daily fantasy sports across 27 U.S. states and Ontario, Canada, employing 4,400 staff since its IPO in July 2019. The company also owns Jackpocket, a digital lottery app, and operates multiple media platforms for content delivery.
DKNG has been in the news recently: U.S. stocks were mixed as investors anticipated the Federal Reserve's decision, with concerns about stagflation and inflation impacting market sentiment. Additionally, Boeing secured a $10 billion deal with the U.K., while Goldman Sachs' shares rose 3% due to optimism in trade and mergers and acquisitions.
📡️ Consumer Discretionary
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