| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 1.2B | +56% |
| Gross Profit | 514.2MM | - |
| Cost Of Revenue | 716.7MM | +32% |
| Operating Income | -43.8MM | -85% |
| Operating Expenses | 558MM | - |
| Net Income | -44.6MM | -84% |
| G&A | 179.1MM | +37% |
| Marketing | 290.8MM | -7% |
| Amortization | 49.7MM | +10% |
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.
The analyst believes DraftKings stock is an unquestioned buy on share price weakness.
These fast-growing businesses can fly above the market turbulence.
DraftKings (DKNG) closed the most recent trading day at $41.20, moving +1.45% from the previous trading session.
If sports leagues are not careful, the sports betting industry’s dream can quickly turn into a nightmare for pro sports.
DraftKings (DKNG) closed the most recent trading day at $40.61, moving -0.18% from the previous trading session.
In this piece, we will take a look at Cathie Wood’s latest investment portfolio and her top ten stock picks. If you want to skip our coverage of Ms. Wood, her investment firm, and the latest stock market news, then you can take a look at Cathie Wood’s Latest Stock Portfolio: Top 5 Stock Picks. […]
BOSTON, April 22, 2024 (GLOBE NEWSWIRE) -- DraftKings (Nasdaq: DKNG) announced today the appointment of Lori Kalani as Chief Responsible Gaming Officer reporting into DraftKings’ chief executive officer, Jason Robins. Kalani becomes DraftKings’ first Chief Responsible Gaming Officer committed to the continued elevation and integration of the company’s player safety and protection activities and initiatives across all facets of its platforms and player communities. “Responsible gaming is one of o
DraftKings has been benefiting from strong sports viewing numbers.
Hundreds of companies were taken public by blank-check corporations, but only a few are truly good businesses.
Her flagship Ark Innovation ETF has lost 18% this year.