DraftKings ( NASDAQ:DKNG ), a daily fantasy sports contest and sports betting company, reported a 53% year-over-year revenue growth in Q1 2024. The company's performance was attributed to healthy revenue growth and a scaled fixed cost structure, which allowed for the rapid improvement of Adjusted EBITDA. The company successfully launched its online sportsbook in...
DraftKings ( NASDAQ:DKNG ), the Boston-based sports betting and iGaming company, is making waves in the market once again, showing remarkable resilience in the face of mixed fourth-quarter results and a groundbreaking $750 million acquisition of Jackpocket, a leading lottery app in the U.S. Despite the initial market reaction, which saw NASDAQ:DKNG stock...
Overview DraftKings ( NASDAQ:DKNG ), the renowned sports betting company, recently unveiled its fourth-quarter results, showcasing a commendable 44% growth in revenue despite facing challenges from NFL outcomes that fell short of expectations. While the figures slightly missed Wall Street estimates, the company's CEO, Jason Robins, remains optimistic about...
DraftKings Inc (NASDAQ:DKNG) continues to expand its market presence with online sports betting now live in 21 states and iGaming in five states. The company faces potential threats from regulatory changes and intense competition in the online gaming and sports betting industry. DraftKings Inc (NASDAQ:DKNG) has opportunities for growth through strategic...
Looks to have bottomed. Should hit 70s by New Years. 40%+ upside from current price
One of the nicest setups out there right now. Won the battle at the volume shelf. Ascending triangle with advanced MACD breakout. Should steadily climb back up to retest ATH over the next couple months.
A Well Respected channel clearly in a continued uptrend, I anticipate a pullback to the given support in the chart before a continuation to the upside . Ensure to plan your trade , Entry , Exit , and SL ...and dont get greedy ...take profits on the way up ....Thanks For stopping by . ..Appreciate the support , show your appreciation with a Like/Follow and...
Lots of buying coming in for this beast, also Cathie Wood added shares to her portfolio. In depth DD on my previous ideas but some key points 1. Super Bowl (increase sports betting activity) 2. Unveiling of a new sports book platform in Virginia 3. Legalizing mobile betting in different states 4. Cathie Wood loaded shares 5. ER end of month Option contracts to...
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Video breakdown on $DKNG