DraftKings (DKNG) Stock Quote, Price, and Forecast
Class A DKNG stock prices, financial data, real-time forecasts, and company news are provided by CNN. The stock is currently trading near the lower end of its 52-week range and below its 200-day simple moving average.
Since the last market close, DKNG shares have risen by $0.47. The stock opened $1.08 higher than its previous closing price.
Company Overview
DraftKings is a digital sports entertainment and gaming company. It offers online sports betting, online casino games, daily fantasy sports, the DraftKings Marketplace, retail sportsbook, media, and other consumer products.
The company was founded on December 31, 2011, by Jason D. Robins, Matthew Kalish, and Paul Liberman, and is headquartered in Boston, MA.
Market Position and Financial Performance
- Market capitalization ranges between $10 billion and $200 billion, categorizing it as a large-cap company.
- Total revenue grew by 30.07% year-over-year and increased 7.36% from the previous quarter.
- Net income increased 36.76% compared to last year and surged 566.38% since last quarter.
- Earnings per share (EPS) rose by 39.3% year-over-year and 532.07% quarter-over-quarter.
Competition
DraftKings competes within the Consumer Services sector and the Movies/Entertainment industry group.
"DKNG is trading near the bottom of its 52-week range and below its 200-day simple moving average."
"Total Revenue increased 30.07% since last year and increased 7.36% since last quarter. Net Income increased 36.76% since last year and increased 566.38% since last quarter."
Summary: DraftKings shows strong financial growth and holds a sizable market cap, trading near its yearly low but reporting significant revenue and income gains.
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