DKNG Stock Quote Price and Forecast
Class A DKNG stock prices, financial data, real-time forecasts, and company news are provided by CNN. DKNG is currently trading near the lower end of its 52-week range and below its 200-day simple moving average. The stock opened $1.08 higher than its previous close and has increased by $0.25 since the last market close.
Company Overview
DKNG is a digital sports entertainment and gaming company offering online sports betting, online casino games, daily fantasy sports products, DraftKings Marketplace, retail sportsbook, media, and other consumer products. The company was founded on December 31, 2011, by Jason D. Robins, Matthew Kalish, and Paul Liberman. Its headquarters are located in Boston, MA.
Market Position
With a market capitalization ranging between $10 billion and $200 billion, DKNG is classified as a large-cap stock.
Financial Performance
- Total Revenue rose 30.07% year-over-year and 7.36% since the previous quarter.
- Net Income increased 36.76% compared to last year and surged 566.38% since last quarter.
- Earnings Per Share (EPS) grew 39.3% year-over-year and improved 532.07% from the last quarter.
Competitors
DKNG competes within the Consumer Services sector and Movies/Entertainment group.
"DKNG is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings."
Summary: DKNG is a leading digital sports entertainment company showing strong growth in revenue and income, trading near recent lows with a significant market presence in the entertainment sector.