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DraftKings (DKNG) Moves 7.0% Higher: Will This Strength Last?
DKNGDraftKings(DKNG) Zacks Investment Research·2024-01-19 15:06

DraftKings (DKNG) shares rallied 7% in the last trading session to close at $37.54. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.3% gain over the past four weeks.DKNG's momentum persists following the introduction of its sportsbook in Vermont. This strategic move expands DraftKings Sportsbook's footprint to Vermont, the 26th U.S. state, complementing its existing operations in Ontario, Canada. With a str ...