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The Latest Breaking News from DKNG

DraftKings Partners With Zero Hash To Earn Staking Rewards On Polygon

DraftKings Inc (NASDAQ:DKNG) said it has partnered with business-to-business embedded infrastructure platform, Zero Hash, to earn staking rewards on the Polygon (MATIC) blockchain network. The collaboration aims to optimize DraftKings' working capital and liquidity. PoS refers to proof of stake, a blockchain consensus mechanism for verifying and adding transactions on a blockchain. Zero…

This Is What Whales Are Betting On DraftKings

This Is What Whales Are Betting On DraftKings

Someone with a lot of money to spend has taken a bullish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

'We'll Play The Long Game': DraftKings CEO Remains Confident In Strategy Despite Stock Plunge

'We'll Play The Long Game': DraftKings CEO Remains Confident In Strategy Despite Stock Plunge

DraftKings Inc (NASDAQ: DKNG) shares are down 20% Friday despite announcing strong revenue numbers and raising 2022 guidance. So why is the stock falling?

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Why DraftKings Shares Are Plummeting Today Premarket

DraftKings Inc (NASDAQ: DKNG) reported

DraftKings: Q4 Earnings Insights

DraftKings (NASDAQ:DKNG) reported its Q4 earnings results on Friday, February 18, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

DraftKings's Earnings: A Preview

DraftKings (NASDAQ:DKNG) is set to give its latest quarterly earnings report on Friday, 2022-02-18. Here's what investors need to know before the announcement. Analysts estimate that DraftKings will report an earnings per share (EPS) of $-0.79.

DraftKings Whale Trades For February 15

A whale with a lot of money to spend has taken a noticeably bearish stance on DraftKings. Looking at options history for DraftKings (NASDAQ:DKNG) we detected 19 strange trades.

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DraftKings Whale Trades Spotted

DraftKings Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Better Buy for 2022: DraftKings vs. Penn National Gaming

Better Buy for 2022: DraftKings vs. Penn National Gaming

Investors looking to gain exposure to the gaming sector can look to buy shares of DraftKings (DKNG) and Penn National Gaming (PENN). While Penn is an established casino operator, DraftKings is a high-growth company that’s rapidly gaining traction across gaming verticals.

Even After January's Sell-Off, Beware of These 4 Ultra-Popular Stocks in February

Even After January's Sell-Off, Beware of These 4 Ultra-Popular Stocks in February

Despite being ultra-popular, certain overvalued stocks with weak financials are just not wise bets in the current, volatile market. As such, we think it is safer to avoid Uber (UBER), Carnival (CCL), DraftKings (DKNG), and Tilray (TLRY). Read on.

DraftKings To Launch Mobile Sportsbook In Louisiana

DraftKings To Launch Mobile Sportsbook In Louisiana

DraftKings Inc (NASDAQ:DKNG) plans to expand its relationship with Golden Nugget Casino Lake Charles by launching mobile sports betting for eligible customers in the state's permitted parishes starting on Friday, January 28. Louisiana becomes the seventeenth state to offer DraftKings' online sportsbook, and the company is now live in 18 states. "Although Louisiana…

Check Out What Whales Are Doing With DKNG

Check Out What Whales Are Doing With DKNG

Someone with a lot of money to spend has taken a bullish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Morgan Stanley Sees 60% Upside In This Sports Betting Company - Read Why

Morgan Stanley Sees 60% Upside In This Sports Betting Company - Read Why

Morgan Stanley analyst Thomas Allen upgraded DraftKings Inc (NASDAQ:DKNG) to Overweight from Equal Weight with an unchanged price target of $31, implying a 60.46% upside. Allen said that the stock's recent pullback presents an opportunity to invest for the long term. The analyst noted investors "should not ignore" that DraftKings is a leading player in…

$100 Invested In This Stock 5 Years Ago, Would Be Worth This Much

$100 Invested In This Stock 5 Years Ago, Would Be Worth This Much

DraftKings (NASDAQ:DKNG) has outperformed the market over the past 5 years by 505.42% on an annualized basis.

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DraftKings Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

DraftKings Partners With Tulalip Tribes To Operate Sports Betting In Washington

DraftKings Inc (NASDAQ:DKNG) has entered into an exclusive market access partnership with Tulalip Tribes of Washington to bring its retail sportsbook experience to the state of Washington. DraftKings plans to open retail sportsbook locations at Tulalip Resort Casino and Quil Ceda Creek Casino, located about 30-minutes north of Seattle in Tulalip. The DraftKings…

Where DraftKings Stands With Analysts

Over the past 3 months, 6 analysts have published their opinion on DraftKings (NASDAQ:DKNG) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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