DraftKings Inc. (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 trading near the lower end of its 52-week range and below its 200-day simple moving average.
The current share price of DKNG has risen by $0.39 since the last market close, opening $1.08 higher compared to the previous day.
Company Overview
DraftKings is a digital sports entertainment and gaming company offering online sports betting, online casino services, daily fantasy sports, the DraftKings Marketplace, retail sportsbook, media, and other consumer products.
The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011, and is headquartered in Boston, MA.
Market and Financial Highlights
- DraftKings is categorized as a large-cap company, with a market capitalization between $10 billion and $200 billion.
- Total revenue increased by 30.07% year-over-year and by 7.36% quarter-over-quarter.
- Net income grew 36.76% compared to last year and surged 566.38% since the previous quarter.
- Earnings per share (EPS) rose 39.3% year-over-year and increased 532.07% quarter-over-quarter.
Its competitors fall within the Consumer Services sector, particularly in the Movies and Entertainment group.
Summary: DraftKings shows significant recent financial growth and operates prominently in the digital sports entertainment space with expanding market strength.