DraftKings has gotten torched over the last six months - since October 2025, its stock price has dropped 31.9% to $22.27 per share. This was partly driven by...
By Expert Journalist
April 9, 2026
In a dramatic escalation of the battle for control over the burgeoning event-contract industry, the Commodity Futures Trading Commission (CFTC) has launched a series of federal lawsuits against the states of Arizona, Connecticut, and Illinois. The litigation, filed on April 2, 2026, marks a
What Happened? A number of stocks jumped in the afternoon session after news broke that the U.S. and Iran were discussing a 10-point proposal for a ceasefire...
Wall Street has set ambitious price targets for the stocks in this article. While this suggests attractive upside potential, it’s important to remain skeptic...
DraftKings Inc (NASDAQ:DKNG) shares are under pressure on Thursday, extending its recent slide as the stock continues to struggle below key technical levels. Here's what you should know.
In a decisive move that could reshape the landscape of digital wagering, Senators Adam Schiff (D-CA) and John Curtis (R-UT) introduced the "Prediction Markets Are Gambling Act" on March 23, 2026. The bipartisan legislation aims to strip the Commodity Futures Trading Commission (CFTC) of its authority to oversee sports-related contracts,
In a display of remarkable relative strength against a backdrop of heightened global volatility, shares of DraftKings Inc. (NASDAQ: DKNG) surged 7.0% on Monday, March 23, 2026. The rally was sparked by a forceful reiteration of an 'Outperform' rating from Citizens JMP Securities, which maintained a price target of
Growth is oxygen. But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived thr...
A company that generates cash isn’t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand. Luc...
What Happened? Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) jumped 4.1% in the afternoon session after the company announced its pla...
