(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 1.2B | -5% |
Gross Profit | 464.9MM | - |
Cost Of Revenue | 710.1MM | -1% |
Operating Income | -138.8MM | - |
Operating Expenses | 603.8MM | - |
Net Income | -142.6MM | - |
G&A | 174.3MM | -3% |
Marketing | 340.7MM | +17% |
Amortization | 47.3MM | -5% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
In the closing of the recent trading day, DraftKings (DKNG) stood at $35.78, denoting a -0.22% change from the preceding trading day.
DraftKings (DKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Based on the average brokerage recommendation (ABR), DraftKings (DKNG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
DraftKings (DKNG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
BOSTON, July 23, 2024 (GLOBE NEWSWIRE) -- Today, DraftKings Inc. (Nasdaq: DKNG) announced its intention to launch its top-rated online sportsbook in Washington D.C., pending licensure and regulatory approvals. The expected arrival into the nation’s capital follows a market access agreement with D.C. United, which would pave the way for the digital sports entertainment and gaming company to operate in The District of Columbia. Once live, Washington D.C. would become the 29th jurisdiction in North
LAS VEGAS, July 22, 2024 (GLOBE NEWSWIRE) -- Musburger Media today announced it has purchased VSiN, The Sports Betting Network (“VSiN”), from DraftKings Inc. (Nasdaq: DKNG). Original VSiN founders Brian Musburger and Bill Adee, who were part of the team that previously launched and led the multi-platform broadcast and content company, will lead it moving forward. “While a lot has changed in the sports betting industry over the past three-and-a-half years, our original vision for VSiN still holds
DraftKings' Second-Quarter EBITDA Will Likely Miss Views, BofA Says
BofA Securities analyst Shaun Kelley trimmed his price target on DraftKings to $50 from $54, but kept a Buy rating.
DraftKings Expected to Miss Q2 EBITDA Guidance; Investors Eyeing Latest 2024 Outlook, BofA Says
Investors need to pay close attention to DraftKings (DKNG) stock based on the movements in the options market lately.