5 Days Ago
1 Min Read

DKNG shares jumped up 8% today. The primary reasons:

DKNG
+8.16% 24h



Draftkings Inc (DKNG) is trading 8% higher at $18.17 today.

  • DraftKings Inc. (DKNG) reported strong top-line results and raised its full-year guidance
  • DKNG's average monthly unique players increased 30% year-over-year to 1.5 million, and average revenue per user was $103 in the second quarter

Draftkings Inc has been trading between a 52-week high of $18.365 and a 52-week low of $9.77. The stock has a market cap of $0.

DraftKings Inc. is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator.

Headlines


DraftKings Gains as Quarterly Sales Beat Expectations, Forecast Raised
Yahoo Finance 08-05-22

Hot Stocks: SQ, DKNG, LYFT, SPCE
Seeking Alpha 08-05-22

DraftKings stock shoots up after narrower-than-expected loss, revenue that climbed above forecasts
MarketWatch 08-05-22

DraftKings Raises Its Forecast and the Stock Surges
Barron''s 08-05-22

DraftKings: Q2 Earnings Insights
Benzinga 08-05-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Sim41 - 18 upvotes - source
Everytime is see DKNG I think "this retard is putting his money in Donkey Kong. Hmm... maybe I should.."

CaroBoiBenis - 9 upvotes - source
DKNG these nuts in your mouth

OstrichNeither - 6 upvotes - source
i played earnings again cvna fubo put sq wbd dkng call

Dapper-Tennis-1522 - 6 upvotes - source
DKNG smash 📈

Vicvega2018 - 6 upvotes - source
DKNG back from the dead

WorthlessAtExpiry - 5 upvotes - source
Oh yknow: $14k DKNG 8/12 14p $69k SPY 8/12 410p $11k SPX 9/16 3950p $3k SPY 8/5 415p So sleep well, everyone else.

welcometoindia - 4 upvotes - source
Was literally just about to post about DKNG 14p's. Looks like a guaranteed slam dunk

Traditional-Cattle62 - 4 upvotes - source
DKNG GOT ME BRICCCCCKEDDDD ![img](emote|t5_2th52|4276)

APDent - 4 upvotes - source
Any dkng gang?

djdeever - 3 upvotes - source
Hold DKNG and AMC calls??