DraftKings Already 5% Down, Almost Five Hours Before The Market Open

(VIANEWS) – The NASDAQ opens in less than five hours and DraftKings‘s pre-market value is already 5.99% down.

DraftKings’s last close was $31.71, 2.28% below its 52-week high of $32.45.

The last session, NASDAQ finished with DraftKings (DKNG) jumping 0.25% to $31.71. NASDAQ slid 0.79% to $13,884.32, following the last session’s downward trend on what was a somewhat down trend exchanging session.

About DraftKings

DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.

Earnings Per Share

As for profitability, DraftKings has a trailing twelve months EPS of $-2.85.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -108.8%.

Sales Growth

DraftKings’s sales growth is 60.9% for the present quarter and 46.4% for the next.

More news about DraftKings (DKNG).

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