DraftKings' Q4 financials were expectedly weak as NFL outcomes negatively affected the industry's hold percentage. Marketing expenses also returned to growth, but DraftKings showed great user ...

JMP Securities raised the firm’s price target on DraftKings (DKNG) to $60 from $50 and keeps an Outperform rating on the shares. DraftKings ...

Jefferies raised the firm’s price target on DraftKings (DKNG) to $63 from $54 and keeps a Buy rating on the shares post the Q4 report. The firm ...

DraftKings is up 46.7% since the beginning of the year, and at $53.23 per share, has set a new 52-week high. Investors who bought $1,000 worth of DraftKings’s shares 5 years ago would now be ...

Fiscal Year 2025 Free Cash Flow Guidance: Approximately $850 million. DraftKings Inc (NASDAQ:DKNG) reported a 30% year-over-year revenue increase to $4.8 billion for 2024. The company achieved ...

BOSTON (AP) — BOSTON (AP) — DraftKings Inc. (DKNG) on Thursday reported a loss of $134.9 million in its fourth quarter. The Boston-based company said it had a loss of 28 cents per share.

DraftKings will increasingly focus on augmenting live betting options to its sportsbook, CEO Jason Robins said during his company’s earnings call Friday, as part of a larger push to increase ...

Today, it turned a profit for the first time in the company's history. Font Office Sports reported that DraftKings shares rose as much as 15% to their highest level in nearly three-and-a-half years.

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BOSTON, Feb. 13, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its fourth quarter and fiscal year 2024 financial results.

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