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DraftKings (DKNG) Soars 5.0%: Is Further Upside Left in the Stock?
DKNGDraftKings(DKNG) ZACKS·2024-09-26 11:11

DraftKings (DKNG) shares ended the last trading session 5% higher at $41.10. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.8% gain over the past four weeks. DraftKings' rally is likely driven by positive investor sentiment following the optimistic guidance from Flutter Entertainment. Since both companies operate in the online sports betting and iGaming sector, Flutter's favorable outlook is resonating across t ...