(VIANEWS) – Shares of DraftKings (NASDAQ: DKNG) rose by a staggering 22.2% in 10 sessions from $25.23 at 2023-07-06, to $30.83 at 14:24 EST on Thursday, following the last session’s downward trend. NASDAQ is sliding 1.47% to $14,146.56, after three sequential sessions in a row of gains.
DraftKings’s last close was $30.85, 2.68% below its 52-week high of $31.70.
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 $-2.96.
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 58% for the current quarter and 45.5% for the next.
Yearly Top and Bottom Value
DraftKings’s stock is valued at $30.83 at 14:24 EST, under its 52-week high of $31.70 and way higher than its 52-week low of $10.69.
Revenue Growth
Year-on-year quarterly revenue growth grew by 84.5%, now sitting on 2.59B for the twelve trailing months.
Previous days news about DraftKings (DKNG)
- DraftKings (dkng) to add konami gaming content with pariplay. According to Zacks on Tuesday, 18 July, "The move marks the first time that games from Konami Gaming have been made available through DraftKings in New Jersey and follows a deal signed in March which saw NeoGames’ Pariplay supply the operator with online casino content for the Garden State.", "It remains to be seen whether DraftKings can trump competitors like Penn International Gaming (PENN Quick QuotePENN – Free Report) , Corsair Gaming, Inc. (CRSR Quick QuoteCRSR – Free Report) and DouYu International Holdings Limited in the long run."
More news about DraftKings (DKNG).
