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DraftKings Stock Bullish Momentum With A 15.32% Jump Before The Weekend

(VIANEWS) – The NASDAQ ended the session with DraftKings (DKNG) jumping 15.32% to $24.58 on Friday while NASDAQ jumped 2.25% to $12,235.41.

DraftKings’s last close was $21.31, 4.4% below its 52-week high of $22.29.

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 $-2.98.

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 -91.83%.

Volatility

DraftKings’s last week, last month’s, and last quarter’s current intraday variation average was 0.02%, 1.07%, and 2.72%.

DraftKings’s highest amplitude of average volatility was 2.08% (last week), 2.31% (last month), and 2.72% (last quarter).

More news about DraftKings (DKNG).

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