|Bid||53.40 x 1000|
|Ask||53.49 x 1100|
|Day's Range||51.71 - 55.03|
|52 Week Range||10.60 - 64.19|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 13, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||60.39|
DraftKings is one of the top IPO stocks to watch, as gambling legalization gains steam. Here is what the fundamentals and technical analysis say about buying DKNG stock now.
DraftKings (DKNG) closed at $54.92 in the latest trading session, marking a +0.53% move from the prior day.
As digital sports betting legalization continues its spread across the United States and online sportsbook activity gains popularity by leaps and bounds, an analyst telephone conversation with an NBA executive hints good things may be in store for DraftKings (NASDAQ: DKNG) and other sector companies. DraftKings just inked a partnership with the Drone Racing League, or DRL, last weekend, and now may be in line for an even bigger alliance. Jed Kelly, an analyst at wealth management firm Oppenheimer & Co., recently reported on a phone conference with Scott Kaufman-Ross, senior vice president and head of fantasy & gaming at the NBA, Seeking Alpha reports.