DraftKings fined over CEO's LinkedIn post [Yahoo! Finance]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance
after regulators alleged the company's public relations team shared too much information on the CEO's personal X and LinkedIn accounts. According to the SEC , the public relations team for the $20 billion fantasy sports and casino platform published a post on CEO Jason Robins' personal X, formerly Twitter, account and on LinkedIn, stating, “There's massive potential for growth in new markets—but we're still seeing really strong growth in existing states. Our 2018-2019 state vintage grew over 80% on the revenue basis year-over-year in Q1. With those numbers, we expect robust growth even without new states opening.” Neither of those platforms is an official source for DraftKings and information about company growth shouldn't have been shared to the selective audiences on LinkedIn and X, alleged the SEC. After the posts went live, DraftKings' communications team alerted the PR firm immediately and the posts were taken down within a half hour. Even so, DraftKings didn't release the in
Show less
Read more
Impact Snapshot
Event Time:
DKNG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DKNG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DKNG alerts
High impacting DraftKings Inc. - Class A news events
Weekly update
A roundup of the hottest topics
DKNG
News
- DraftKings Promo Code: Bet $5, Get $200 Bonus for No. 1 Georgia-No. 4 Alabama & NFL Week 4 [USA TODAY]USA TODAY
- Boston-based DraftKings fined $200K over CEO's social media posts [Yahoo! Finance]Yahoo! Finance
- SEC sanctions selective disclosure on social media [Investment Executive - News]Investment Executive - News
- DraftKings fined over CEO's LinkedIn post [Fortune]Fortune
- Morning Bid: Roaring Chinese stocks set for best week in a decade [Yahoo! Finance Canada]Yahoo! Finance Canada
DKNG
Earnings
- 8/1/24 - Beat
DKNG
Sec Filings
- 9/25/24 - Form 144
- 9/4/24 - Form 4
- 9/4/24 - Form 4
- DKNG's page on the SEC website