(VIANEWS) – Shares of DraftKings (NASDAQ: DKNG) rose by a staggering 34.57% in 21 sessions from $14.55 at 2023-01-25, to $19.58 at 14:56 EST on Wednesday, following the last session’s downward trend. NASDAQ is jumping 0.49% to $11,548.46, after three successive sessions in a row of losses.
DraftKings’s last close was $19.96, 20.19% under its 52-week high of $25.01.
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 $-3.62.
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 -89.63%.
Moving Average
DraftKings’s value is way higher than its 50-day moving average of $14.11 and way above its 200-day moving average of $14.54.
Volume
Today’s last reported volume for DraftKings is 13260273 which is 6.99% below its average volume of 13881300.
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