Senate hearing spotlight harms of sports betting ahead of new debate about legalization [CBS News]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: CBS News
A new bill to set up a regulatory structure for legalization is a sure bet, but its fate is unclear. The issue has had both bipartisan support and opposition for years. On Wednesday, some of the fiercest critics held a Senate hearing to highlight the dangers, particularly of online gambling. "We intend to continue working against the whole issue of allowing a predatory industry to come in and profit off of people's harm," said Sen. John Marty, DFL-Roseville, a longtime opponent. Marty, who chairs the Senate Finance Committee, had researchers share their findings when they studied the impact of sports gambling on social and financial health in states that have given legal bets the greenlight. Minnesota is the only state in the region where it is not legal and is in a minority of states without a regulated market; 38 states have approved it, according to the American Gaming Association. Brett Hollenbeck, a professor at the University of California, Los Angeles, testified that i
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 Inc. (NASDAQ: DKNG) had its price target lowered by analysts at Susquehanna from $56.00 to $54.00. They now have a "positive" rating on the stock.MarketBeat
- DraftKings Inc. (NASDAQ: DKNG) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $44.00 price target on the stock.MarketBeat
- MLBPA affiliate withdraws image lawsuit against Pirates' parent company and Sheetz [CBS News]CBS News
- DraftKings Inc. (NASDAQ: DKNG) had its price target lowered by analysts at JMP Securities from $52.00 to $50.00. They now have a "market outperform" rating on the stock.MarketBeat
- DraftKings tests a subscription service as it looks to offset high New York taxes [MSNBC.com]MSNBC.com
DKNG
Earnings
- 11/7/24 - Beat
DKNG
Sec Filings
- 1/3/25 - Form 4
- 12/27/24 - Form 4
- 12/26/24 - Form 144
- DKNG's page on the SEC website