DraftKings Stock News

Bank of America said it sees an opportunity for investors in DraftKings stock after an extended slump.

Bank of America (BofA) has upgraded Draftkings Inc (NASDAQ:DKNG) to 'buy' from 'neutral' and kept its $27 price target, citing improving prospects for prediction markets and a more attractive risk-reward after the stock's 47% decline over the past year.  BofA said prediction markets could increasingly become a “win-win” for DraftKings, with the company now established as the third-largest playe...

Prediction markets could be a “greater opportunity than threat,” BofA says.

DraftKings stock looks to rebound off 2026 lows as analyst upgrades shares on prediction market growth potential.

TORONTO--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced an agreement with Prime Video that will make DraftKings the exclusive Sportsbook and Online Casino Integration sponsor of NHL on Prime. This includes integrations on Wednesday Night Hockey throughout the 2026-27 NHL season, plus select Stanley Cup playoff coverage on Prime Video. “Canada remains an important part of DraftK...

Ex-employees claimed some of the company's models sought to identify bettors whose gambling losses were likely to increase after receiving incentives.

BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company's Chief Executive Officer and Co-founder, will participate in the following event:The Wells Fargo Consumer Conference on September 22, 2026. The fireside chat is scheduled for 11:30 a.m. ET / 8:30 a.m. PT.Registration and the live audio portion of the Wells Farg...

DraftKings (DKNG) stock is slipping further on Friday amidst mounting pressure from specialized event-contract platforms, most notably Kalshi. Kalshi is seeing a massive surge in sports wagering volume with the kickoff of the NFL season – eating into the near-term appeal of DKNG shares.