DraftKings Shares Jump on May Volume Gains in Predictions Platform

Dow Jones

06/09

By Doc Louallen

DraftKings said operating activity accelerated in May, with annualized consumer volume in its predictions offering rising 24% month over month to $1.3 billion.

Shares were recently up 10% at $27.28. The stock is on pace for its biggest one-day percentage increase since April 2025, when it rose 12.39%.

The platform's May annualized total traded volume surged 34% over April levels, reaching $3.1 billion.

DraftKings launched their prediction markets platform in December 2025.

Write to Doc Louallen at Doc.louallen@wsj.com

(END) Dow Jones Newswires

June 09, 2026 11:16 ET (15:16 GMT)

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The stock is on pace for its biggest one-day percentage increase since April 2025, when it rose 12.39%. \n\n\n  The platform's May annualized total traded volume surged 34% over April levels, reaching $3.1 billion. \n\n\n  DraftKings launched their prediction markets platform in December 2025. \n\n\n \n\n\n  Write to Doc Louallen at Doc.louallen@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 09, 2026 11:16 ET (15:16 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}