Stock Track | DraftKings Soars 5.05% Intraday After Director Acquires Shares

Stock Track

02/18

DraftKings Inc. (DKNG) experienced a significant intraday surge, with its stock price soaring 5.05%.

The sharp increase followed news that company director Harry Sloan acquired 100,000 shares of DraftKings Class A common stock. Such insider purchases are often interpreted by the market as a strong signal of confidence in the company's future prospects.

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(DKNG) experienced a significant intraday surge, with its stock price soaring 5.05%.</p><p>The sharp increase followed news that company director Harry Sloan acquired 100,000 shares of DraftKings Class A common stock. 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