River & Mercantile Asset Management LLP lessened its holdings in shares of DraftKings Inc. (NASDAQ:DKNG – Free Report) by 18.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 105,394 shares of the company’s stock after selling 24,195 shares during the quarter. River & Mercantile Asset Management LLP’s […]
DraftKings (NASDAQ:DKNG – Get Free Report)‘s stock had its “buy” rating reiterated by research analysts at Truist Financial in a research note issued to investors on Tuesday, Benzinga reports. They presently have a $55.00 price objective on the stock, up from their previous price objective of $45.00. Truist Financial’s price objective would indicate a potential […]
DraftKings Inc. (NASDAQ:DKNG – Get Free Report)’s share price fell 6.3% during trading on Tuesday . The company traded as low as $41.41 and last traded at $41.74. 3,440,191 shares were traded during trading, a decline of 73% from the average session volume of 12,972,461 shares. The stock had previously closed at $44.57. Wall Street […]
DraftKings (NASDAQ:DKNG – Get Free Report) announced its earnings results on Friday. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.16), Briefing.com reports. DraftKings had a negative return on equity of 84.80% and a negative net margin of 21.88%. The business had revenue of $1.23 billion […]
DraftKings (NASDAQ:DKNG – Get Free Report) and PointsBet (OTCMKTS:PBTHF – Get Free Report) are both consumer discretionary companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, earnings, institutional ownership, risk, profitability, valuation and analyst recommendations. Analyst Ratings This is a breakdown of current recommendations […]