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DraftKings Inc.

34.25

+0.99002.98%

Post-market: 34.280.0292+0.09%19:59 EDT

Volume:8.57M

Turnover:293.12M

Market Cap:17.12B

PE:-32.54

High:34.77

Open:33.62

Low:33.43

Close:33.26

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Overview Company News Filings

DraftKings Inc. Cl A Stock Rises Friday, Still Underperforms Market

Is DraftKings Inc. (DKNG) The Top Beaten Down Large Cap Stock That Can Double According To Wall Street?

Cathie Wood's Ark Invest Continues To Load Up On Tempus AI, Dumps Bitcoin-Focused Block In Tech Meltdown Aftermath

DraftKings Inc. Cl A Stock Falls Monday, Underperforms Market

DraftKings' Live Betting Volumes Drive Growth Investments -- Market Talk

DraftKings Is Maintained at Buy by Benchmark

PlayStudios (MYPS) Reports Earnings Tomorrow: What To Expect

DraftKings (DKNG) Stock Sinks As Market Gains: What You Should Know

DraftKings Inc. Cl A Stock Falls Thursday, Underperforms Market

DraftKings Inc. Cl A Stock Advances 5.1%, Outperforms Market

DraftKings Stock Jumps 18% in 6 Months: Time to Buy, Sell or Hold?

DraftKings (NasdaqGS:DKNG) Closes US$600M Term Loan B Due to High Demand

Simply Wall St.

DraftKings: Strong Financial Outlook and Strategic Growth Initiatives Drive Optimistic 2025 Revenue Targets

Don't Sweat the DraftKings Stock Pullback

Schaeffer's Investment Research

DraftKings Closes $600 Million Upsized Credit Facility

MT Newswires Live

DraftKings Secures $600 Million Term Loan for Growth

DraftKings announces close of $600M upsized term loan B facility

BRIEF-DraftKings Announces Close Of $600 Million Upsized Term Loan B Facility

DraftKings Announces Close of $600 Million Upsized Term Loan B Facility

THOMSON REUTERS

Press Release: DraftKings Announces Close of $600 Million Upsized Term Loan B Facility

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Cl A Stock Rises Friday, Still Underperforms Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2519358021","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519358021?lang=en_us&edition=fundamental","pubTime":"2025-03-15 05:23","pubTimestamp":1741987380,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of DraftKings Inc. Cl A  rose 2.38% to $37.87 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index  rising 2.61% to 17,754.09 and the Dow Jones Industrial Average  rising 1.65% to 41,488.19.The stock's rise snapped a two-day losing streak.DraftKings Inc. Cl A closed 29.36% short of its 52-week high of $53.61, which the company reached on February 14th.Trading volume  remained 1.9 million below its 50-day average volume of 10.7 M.Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["DKNG"],"gpt_icon":0},{"id":"2519880414","title":"Is DraftKings Inc. (DKNG) The Top Beaten Down Large Cap Stock That Can Double According To Wall Street?","url":"https://stock-news.laohu8.com/highlight/detail?id=2519880414","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519880414?lang=en_us&edition=fundamental","pubTime":"2025-03-14 21:06","pubTimestamp":1741957570,"startTime":"0","endTime":"0","summary":"There was a point in the early days of Donald Trump’s presidency when the stock market looked set for a bull run. Bit by bit, the market digested geopolitical issues, trade wars, and recession fears. It looked like these were temporary concerns only.We’re now less than two months into the presidential term and every consensus trade seems to be unravelling in front of our eyes. Investors are panicking and the state of the US economy looks fragile, with recession knocking on the door.To come up with our list of 10 beaten down large cap stocks that can double according to Wall Street, we considered stocks that have a market cap of at least $10 billion, have been hammered in the past week, and have a Wall Street price target that could see the stock double from current levels.DraftKings Inc.  is an entertainment and gaming company, though it is widely known for its association with online sports betting and fantasy sports offerings. The company’s stock is down 10% and the correction is a g","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/draftkings-inc-dkng-top-beaten-130610405.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["USJW.SI","SQQQ","BK4565","BK4150","BK4585","TQQQ","TSYW.SI","DKNG","MNQmain","NVIW.SI","BK4588","NQmain","QID","QLD","USAW.SI",".IXIC","LU1861558580.USD","PSQ","LU1861559042.SGD"],"gpt_icon":1},{"id":"1104060639","title":"Cathie Wood's Ark Invest Continues To Load Up On Tempus AI, Dumps Bitcoin-Focused Block In Tech Meltdown Aftermath","url":"https://stock-news.laohu8.com/highlight/detail?id=1104060639","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1104060639?lang=en_us&edition=fundamental","pubTime":"2025-03-12 11:26","pubTimestamp":1741750002,"startTime":"0","endTime":"0","summary":"On Tuesday,Cathie Wood‘sArk Investexecuted notable trades, including significant activity involving$Tempus AI Inc.(TEM)$,$Block Inc.(XYZ)$, and$DraftKings Inc.(DKNG)$. These trades come amid a backdro","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Cathie Wood's Ark Invest Continues To Load Up On Tempus AI, Dumps Bitcoin-Focused Block In Tech M...","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IBTA","RBLX","CDNA","DKNG","TEM","ROKU","XYZ","CRSP"],"gpt_icon":1},{"id":"2518878672","title":"DraftKings Inc. Cl A Stock Falls Monday, Underperforms Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2518878672","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518878672?lang=en_us&edition=fundamental","pubTime":"2025-03-11 05:26","pubTimestamp":1741641960,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of DraftKings Inc. Cl A  slid 5.51% to $37.24 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index  falling 4.00% to 17,468.32 and Dow Jones Industrial Average  falling 2.08% to 41,911.71.This was the stock's third consecutive day of losses.DraftKings Inc. Cl A closed 30.54% short of its 52-week high of $53.61, which the company achieved on February 14th.Trading volume  eclipsed its 50-day average volume of 10.2 M.Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["DKNG"],"gpt_icon":0},{"id":"2518279016","title":"DraftKings' Live Betting Volumes Drive Growth Investments -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2518279016","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518279016?lang=en_us&edition=fundamental","pubTime":"2025-03-10 23:21","pubTimestamp":1741620060,"startTime":"0","endTime":"0","summary":"1121 ET - Around half of DraftKings' total volume comes from live betting and the sports wagering company is aiming to ramp up investments in that area, Benchmark analyst Mike Hickey says. The company is integrating low-latency streaming into its app to address delays in broadcasting. DraftKings has also acquired two technology companies, Simplebet and Sports IQ Analytics, to maintain and grow revenue from live betting, the company said during an investor event with Morgan Stanley last week. In February, DraftKings raised the low end and midpoint of its revenue range for 2025 due to investments in live betting, which it expects to be Ebitda positive starting in 2026. ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2357305700.SGD","LU2271345857.HKD","LU0006306889.USD","LU0314104364.USD","BK4150","LU2133065610.SGD","BK4127","LU0158827781.USD","LU1363072403.SGD","LU2089283258.USD","LU2347655156.SGD","LU0158827948.USD","LU1720051017.SGD","LU0795875086.SGD","LU1548497426.USD","DKNG","IE00BZ1G4Q59.USD","IE00BKVL7J92.USD","LU1074936037.SGD","LU2028103732.USD","LU0267386448.USD","BK4588","LU0098860793.USD","LU0106261372.USD","BK4565","LU0106831901.USD","LU1162221912.USD","LU1668664300.SGD","LU0912757837.SGD","LU1861559042.SGD","LU1989772840.SGD","LU2111349929.HKD","BK4516","LU1861558580.USD","LU0320765646.SGD","BK4581","LU1732800096.USD","LU1989772923.USD","LU1732799900.SGD","BK4504","LU2023251221.USD","LU1720051108.HKD","BK4534","LU0971096721.USD","LU2089284900.SGD","LU0795875169.SGD","LU0225283273.USD","BK4585"],"gpt_icon":1},{"id":"2518273191","title":"DraftKings Is Maintained at Buy by Benchmark","url":"https://stock-news.laohu8.com/highlight/detail?id=2518273191","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518273191?lang=en_us&edition=fundamental","pubTime":"2025-03-10 22:39","pubTimestamp":1741617540,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/DKNG/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 10, 2025 10:39 ET (14:39 GMT)","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["DKNG"],"gpt_icon":0},{"id":"2518801852","title":"PlayStudios (MYPS) Reports Earnings Tomorrow: What To Expect","url":"https://stock-news.laohu8.com/highlight/detail?id=2518801852","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518801852?lang=en_us&edition=fundamental","pubTime":"2025-03-09 20:02","pubTimestamp":1741521739,"startTime":"0","endTime":"0","summary":"Digital casino game platform PlayStudios  will be announcing earnings results tomorrow afternoon. Here’s what to expect.PlayStudios missed analysts’ revenue expectations by 2.6% last quarter, reporting revenues of $71.23 million, down 6.1% year on year. It was a slower quarter for the company, with a miss of analysts’ EPS estimates. It reported 2.96 million monthly active users, down 15.9% year on year.Is PlayStudios a buy or sell going into earnings?Read our full analysis here, it’s free.This quarter, analysts are expecting PlayStudios’s revenue to decline 11.6% year on year to $68.15 million, a further deceleration from the 2.9% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.02 per share.When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/playstudios-myps-reports-earnings-tomorrow-120219463.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["DKNG","MYPS"],"gpt_icon":0},{"id":"2517949806","title":"DraftKings (DKNG) Stock Sinks As Market Gains: What You Should Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2517949806","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517949806?lang=en_us&edition=fundamental","pubTime":"2025-03-08 06:50","pubTimestamp":1741387807,"startTime":"0","endTime":"0","summary":"In the latest market close, DraftKings  reached $39.41, with a -1.73% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.55%. At the same time, the Dow added 0.52%, and the tech-heavy Nasdaq gained 0.7%.Shares of the company witnessed a loss of 5.51% over the previous month, trailing the performance of the Consumer Discretionary sector with its loss of 5.26% and outperforming the S&P 500's loss of 5.56%.Investors will be eagerly watching for the performance of DraftKings in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.23, signifying a 176.67% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.56 billion, up 32.44% from the year-ago period.For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.41 per share and a revenue of $6.45 billion, signifying shifts of +234.29% and +35.33%, respectively, from the la","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/draftkings-dkng-stock-sinks-market-225007027.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4565","BK4150","LU1861558580.USD","LU1861559042.SGD","BK4588","DKNG","BK4585"],"gpt_icon":0},{"id":"2517111813","title":"DraftKings Inc. Cl A Stock Falls Thursday, Underperforms Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2517111813","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517111813?lang=en_us&edition=fundamental","pubTime":"2025-03-07 06:25","pubTimestamp":1741299900,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of DraftKings Inc. Cl A  slid 7.62% to $40.10 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index  falling 2.61% to 18,069.26 and Dow Jones Industrial Average  falling 0.99% to 42,579.08.DraftKings Inc. Cl A closed 25.20% short of its 52-week high of $53.61, which the company achieved on February 14th.Trading volume  eclipsed its 50-day average volume of 10.0 M.Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["DKNG"],"gpt_icon":0},{"id":"2517924756","title":"DraftKings Inc. Cl A Stock Advances 5.1%, Outperforms Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2517924756","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517924756?lang=en_us&edition=fundamental","pubTime":"2025-03-06 05:34","pubTimestamp":1741210440,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of DraftKings Inc. Cl A rallied 5.1% to $43.41 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.5% to 18,552.73 and the Dow Jones Industrial Average rising 1.1% to 43,006.59.The stock's rise snapped a two-day losing streak.DraftKings Inc. Cl A closed 19.0% below its 52-week high of $53.61, which the company achieved on February 14th.Trading volume totaled 11.6 million, compared to the 50-day average of 10.0 million.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["DKNG"],"gpt_icon":0},{"id":"2517200922","title":"DraftKings Stock Jumps 18% in 6 Months: Time to Buy, Sell or Hold?","url":"https://stock-news.laohu8.com/highlight/detail?id=2517200922","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517200922?lang=en_us&edition=fundamental","pubTime":"2025-03-06 04:00","pubTimestamp":1741204800,"startTime":"0","endTime":"0","summary":"DraftKings Inc. DKNG stock has gained 17.6% over the past six months, outpacing the gaming industry’s 11% growth and the S&P 500’s 8.7% rise. The company continues to thrive, fueled by a surge in new online Sportsbook and iGaming customers, along with an expanding portfolio of innovative product offerings.As of Tuesday, the stock closed at $41.30, below its 52-week high of $53.61 but well above its 52-week low of $28.69. In the past six months, the stock has outperformed other industry players like Wynn Resorts, Limited WYNN, Caesars Entertainment, Inc. CZR and MGM Resorts International MGM.DraftKings’ earnings trajectory looks highly promising, with projections pointing to substantial growth. The company is expected to deliver earnings of $1.41 per share in 2025, suggesting a staggering 234.3% year-over-year upsurge. The momentum is set to continue into 2026,","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/draftkings-stock-jumps-18-6-200000334.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1861559042.SGD","BK4503","CZR","BK4150","LU1861558580.USD","BK4588","BK4566","DKNG","LU1571399168.USD","BK4565","MGM","WYNN","BK4585","BK4561"],"gpt_icon":0},{"id":"2517940704","title":"DraftKings (NasdaqGS:DKNG) Closes US$600M Term Loan B Due to High Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2517940704","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517940704?lang=en_us&edition=fundamental","pubTime":"2025-03-06 01:58","pubTimestamp":1741197519,"startTime":"0","endTime":"0","summary":"DraftKings recently closed a $600 million debt financing, up from the initially planned $500 million, showing strong market demand amid a volatile investment landscape. This comes alongside its Q4 earnings report, which revealed improved sales but persistent net losses, with a minor decline in share price by 1.55% over the last month. The company also raised its revenue guidance for fiscal year 2025. The broader market context includes a 3.1% decline in major indexes over the past week due to concerns over tariffs, although the market has seen a 13% gain over the last year. These factors reflect a tempered investor sentiment amidst economic uncertainty. DraftKings is navigating these mixed signals as it aims to bolster its position in the gaming industry, with strategies like debt financing and stock buybacks, aligning with their updated expectations for growth and improvement despite the competitive pressures.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/draftkings-nasdaqgs-dkng-closes-us-175839520.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1861559042.SGD","BK4150","LU1861558580.USD","BK4588","DKNG","BK4565","BK4585"],"gpt_icon":0},{"id":"2517099012","title":"DraftKings: Strong Financial Outlook and Strategic Growth Initiatives Drive Optimistic 2025 Revenue Targets","url":"https://stock-news.laohu8.com/highlight/detail?id=2517099012","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517099012?lang=en_us&edition=fundamental","pubTime":"2025-03-05 19:16","pubTimestamp":1741173416,"startTime":"0","endTime":"0","summary":"Stephen Grambling, an analyst from Morgan Stanley, maintained the Buy rating on DraftKings (DKNG – Research Report). The associated price target re...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/ratings/draftkings-strong-financial-outlook-and-strategic-growth-initiatives-drive-optimistic-2025-revenue-targets?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/ratings/draftkings-strong-financial-outlook-and-strategic-growth-initiatives-drive-optimistic-2025-revenue-targets?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU2347655156.SGD","LU0314104364.USD","LU1668664300.SGD","LU1861558580.USD","LU1363072403.SGD","LU2133065610.SGD","LU0106261372.USD","LU2023251221.USD","LU0158827948.USD","BK4504","LU1720051017.SGD","LU0320765646.SGD","BK4516","DKNG","LU0971096721.USD","LU0158827781.USD","BK4565","BK4588","BK4127","LU0267386448.USD","IE00BKVL7J92.USD","LU2357305700.SGD","IE00BZ1G4Q59.USD","BK4585","LU0795875086.SGD","LU2111349929.HKD","BK4150","LU2271345857.HKD","LU0912757837.SGD","LU2089284900.SGD","LU1074936037.SGD","LU1548497426.USD","LU0006306889.USD","LU0098860793.USD","LU1162221912.USD","LU1720051108.HKD","LU1732799900.SGD","LU1861559042.SGD","LU1989772923.USD","LU2028103732.USD","LU0795875169.SGD","LU2089283258.USD","LU1732800096.USD","LU0106831901.USD","BK4534","LU0225283273.USD","LU1989772840.SGD","BK4581"],"gpt_icon":0},{"id":"2517244604","title":"Don't Sweat the DraftKings Stock Pullback","url":"https://stock-news.laohu8.com/highlight/detail?id=2517244604","media":"Schaeffer's Investment Research","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517244604?lang=en_us&edition=fundamental","pubTime":"2025-03-05 01:20","pubTimestamp":1741108839,"startTime":"0","endTime":"0","summary":"Shares of DraftKings Inc were last seen down 3.9% at $39.99, after the sports betting giantclosed on its senior secured Term Loan B credit facility for an increased $600 million --up from the initially announced $500 million on the heels of higher demand.The stock is now trading below its 126-day moving average, after spending a considerable amount of time above it. Specifically, DKNG had traded north of this trendline 80% of the time in the past two months and in eight of the last 10 sessions. Historical data from Schaeffer's Senior Quantitative Analyst Rocky White suggests that similar signals in the past three years resulted in a 75% win rate, with the stock averaging an 18.94% gain over the following month.Now could be an opportune time to speculate on DKNG’s next move via options. Schaeffer’s Volatility Index  of 50% sits in the relatively low 17th percentile of annual readings, suggesting options traders are currently pricing in lower volatility expectations -- a potential advant","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/dont-sweat-draftkings-stock-pullback-172039798.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","BK4150","CBOE","LU1861559042.SGD","BK4532","BK4565","DKNG","BK4588","BK4112","LU1861558580.USD"],"gpt_icon":1},{"id":"2516775786","title":"DraftKings Closes $600 Million Upsized Credit Facility","url":"https://stock-news.laohu8.com/highlight/detail?id=2516775786","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516775786?lang=en_us&edition=fundamental","pubTime":"2025-03-04 22:48","pubTimestamp":1741099725,"startTime":"0","endTime":"0","summary":"DraftKings  said Tuesday it has closed a $600 million senior secured term loan B credit facility, upsized from an initial $500 million.The facility is set to mature in March 2032 and carries an interest at secured overnight financing rate plus 1.75% per year.The facility was issued at 99.50% of par and requires annual repayments of 1.00% of the total principal amount, the company said.DraftKings said it will use the net proceeds from the facility for general corporate purposes.Shares of DraftKings were down more than 4% in recent trading.Price: 39.68, Change: -1.92, Percent Change: -4.60","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4150","LU1861559042.SGD","DKNG","BK4565","LU1861558580.USD","BK4588","BK4585"],"gpt_icon":0},{"id":"2516677446","title":"DraftKings Secures $600 Million Term Loan for Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2516677446","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516677446?lang=en_us&edition=fundamental","pubTime":"2025-03-04 22:48","pubTimestamp":1741099706,"startTime":"0","endTime":"0","summary":"The latest announcement is out from DraftKings ( ($DKNG) ). On March 4, 2025, DraftKings Inc. announced the closing of a $600 million senior secure...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/draftkings-secures-600-million-term-loan-for-growth?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/draftkings-secures-600-million-term-loan-for-growth?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4565","BK4585","LU1861559042.SGD","BK4588","DKNG","LU1861558580.USD","BK4150"],"gpt_icon":0},{"id":"2516677706","title":"DraftKings announces close of $600M upsized term loan B facility","url":"https://stock-news.laohu8.com/highlight/detail?id=2516677706","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516677706?lang=en_us&edition=fundamental","pubTime":"2025-03-04 22:31","pubTimestamp":1741098663,"startTime":"0","endTime":"0","summary":"DraftKings (DKNG) closed on its senior secured term loan B credit facility in an aggregate principal amount of $600 million. The size of the Term L...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/draftkings-announces-close-of-600m-upsized-term-loan-b-facility?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/draftkings-announces-close-of-600m-upsized-term-loan-b-facility?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4585","BK4150","LU1861558580.USD","DKNG","BK4588","LU1861559042.SGD","BK4565"],"gpt_icon":0},{"id":"2516674226","title":"BRIEF-DraftKings Announces Close Of $600 Million Upsized Term Loan B Facility","url":"https://stock-news.laohu8.com/highlight/detail?id=2516674226","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516674226?lang=en_us&edition=fundamental","pubTime":"2025-03-04 22:21","pubTimestamp":1741098075,"startTime":"0","endTime":"0","summary":"BRIEF-DraftKings Announces Close Of $600 Million Upsized Term Loan B FacilityMarch 4 (Reuters) - DraftKings Inc DKNG.O:DRAFTKINGS ANNOUNCES CLOSE OF $600 MILLION UPSIZED TERM LOAN B FACILITYSource text: ID:nGNX647MPXFurther company coverage: DKNG.O (Reuters.Briefs@thomsonreuters.com)","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250304:nTUA38YMBH:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4565","BK4150","LU1861558580.USD","LU1861559042.SGD","BK4588","DKNG","BK4585"],"gpt_icon":0},{"id":"2516674248","title":"DraftKings Announces Close of $600 Million Upsized Term Loan B Facility","url":"https://stock-news.laohu8.com/highlight/detail?id=2516674248","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516674248?lang=en_us&edition=fundamental","pubTime":"2025-03-04 22:20","pubTimestamp":1741098027,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250304:nTUA38YMBH:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU1861559042.SGD","DKNG","BK4150","LU1861558580.USD","BK4585","BK4588","BK4565"],"gpt_icon":0},{"id":"2516726016","title":"Press Release: DraftKings Announces Close of $600 Million Upsized Term Loan B Facility","url":"https://stock-news.laohu8.com/highlight/detail?id=2516726016","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516726016?lang=en_us&edition=fundamental","pubTime":"2025-03-04 22:20","pubTimestamp":1741098000,"startTime":"0","endTime":"0","summary":"BOSTON, March 04, 2025  -- DraftKings Inc.   today announced that it has successfully closed on its senior secured term loan B credit facility in an aggregate principal amount of $600 million . The size of the Term Loan B was increased from the previously announced $500 million aggregate principal amount due to strong demand.The Term Loan B will mature in March 2032 and has an interest rate equal to the Secured Overnight Financing Rate  plus 1.75% per annum. The Term Loan B was offered at 99.50% of par and is required to be repaid at 1.00% of its aggregate principal amount per annum.DraftKings will utilize the net proceeds of the Term Loan B for general corporate purposes.This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, including statements about the Company and its industry that involve substantial risks and uncertainties. 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