DraftKings shed 7.86% off its $21.26 open to $19.59, a single-session hit that leaves the market cap under $10 billion. Moves this size are where sentiment in the name gets reset, so keep an eye on whether $19.59 holds.
Latest Activity
Bloom Energy closed up 11.21% at $292.34, the only double-digit gain in a 383-name priority list. The other end was just as loud: AMC and DraftKings both gave up more than 7%.
Tempus AI closed 14.46% higher, the biggest move in a 111-name priority list where four other gainers ran 9% or better. The downside was far tamer: DraftKings led decliners at 7.38%, and nothing else lost more than 6.4%.
Nearly 20 points separated the best and worst names at Friday's close: Iren gave up 12.72% while Workday added 6.38%. Three losers dropped more than 10% in a single session, a reset worth checking before Monday.
Archer Aviation topped the winners at 10.9%, with Axon and NuScale both above 7%. GoPro led the decliners at -11.9%, followed by Digital Turbine at -8.4%.
Sportsbook net revenue margin narrowed to 6.8% as promo spend behind the Predictions launch ballooned, leaving earnings missing expectations by more than half. Management still held full-year revenue guidance, so the NFL season becomes the proof point.
Digital Turbine's 35% close is the loudest move of the session, with buyers paying up for growth names delivering results, as Shopify also advanced. The pain was just as concentrated: Lucid gave back ground and Astera Labs slid even as AI peers Nvidia and Arista advanced.
DKNG Coverage
DraftKings Has Lost Half Its Value in a Year. Wall Street Still Sees $35.
Wall Street analysts are nearly unanimous that DraftKings is a buy, yet the stock just hit its lowest price since 2023 while a private rival with no sportsbook license is reportedly worth…
DraftKings Dips as Adjusted Data Narrows Kalshi’s 76% Prediction-Market Lead; Robinhood and Flutter Entertainment Slip
DraftKings (NASDAQ:DKNG | DKNG Price Prediction) stock is falling 2% to $20.77 as fresh sports volume figures from investment bank Needham focus the debate over who is winning prediction markets. Needham’s data…
DraftKings Drops 4% as Prediction-Market Spending Plans Stir Margin Doubts; Flutter Entertainment Slips, Robinhood Ticks Up
DraftKings (NASDAQ:DKNG | DKNG Price Prediction) stock is sliding in Wednesday morning trading after Tuesday commentary from the company drew focus to plans to lift spending behind its prediction-markets business. Flutter Entertainment…
Price Prediction: DKNG Stock Will Hit $50 on This Date
DraftKings is down 30% this year even as its CEO insists the core business is firing on all cylinders, and a specific date in 2028 could mark the moment that gap finally…
Could DKNG Be a 50% Rebound Stock?
DraftKings has shed nearly half its value over the past year while quietly building a Predictions product that went from $2.3 billion to $11 billion in annualized volume in just three months.…
‘DraftKings Is Not a Blessing to Your Life’: Dave Ramsey to Gambler 31 Days Sober and $23K in Debt
When Joey called in 31 days sober from gambling with $23,000 spread across four credit cards, Dave Ramsey had a verdict. But the real numbers behind the app that wrecked him tell…
DraftKings Shed 34.26% in a Year. Its Biggest Bull Has Now Gone Neutral
DraftKings just posted its first-ever profitable year, yet its longest-standing bull on Wall Street walked away from the stock. Here is what spooked Argus and whether the rest of the Street is…
DraftKings After Earnings: Buy, Hold, or Run?
DraftKings just posted its worst margin quarter in years while simultaneously launching a business growing five times faster than its core sportsbook ever did. One of those stories is going to dominate…
Michael Burry Just Made Big Bets on Sports-Betting Stocks—Why the Odds Are On His Side
Michael Burry built his reputation betting against the crowd at exactly the right moment, and his latest wager targets a beaten-down sector most investors have already written off. The question is whether…
DraftKings: Risk-Reward Remains Attractive for Patient Investors
Our DraftKings (NASDAQ:DKNG | DKNG Price Prediction) price prediction lands within striking distance of where the stock trades today. After a brutal twelve months for shareholders, the question is whether the prediction…
Prediction: This is Where DraftKings Will End The Year
The headline question has a clean answer. DraftKings (NASDAQ:DKNG | DKNG Price Prediction) would need to roughly double from $28.79 to clear $57 by year-end 2026, and our proprietary model does not…
Stock Market Live June 15, 2026: S&P 500 (SPY) Rocketing on End-of-War News
Live Updates Goldman Sachs Says Nvidia Still Has More Room to Run8:09am ETAnalysts at Goldman Sachs still believe Nvidia (NASDAQ: NVDA | NVDA Price Prediction) could push higher. In fact, as quoted…
Price Prediction: Can DKNG Stock Double This Year?
The question in our headline has a short answer based on our proprietary model: probably not in 2026. But the longer answer is more interesting, because the bull case scenario for DraftKings…
Here Are Thursday’s Top Wall Street Analyst Research Calls: Commercial Metals, Doximity, Draftkings, Hut 8, Illumina, Lowe’s, TeraWulf, Starbucks, Whirlpool, Wix.com, and More
Pre-Market Stock Futures: Futures are trading higher on Thursday after another wild day on Wall Street, during which the major indices moved in different directions. Another round of disturbing inflation data hit…
Prediction: DraftKings Could Surprise if Prediction Markets Deliver as Expected
Few stocks have whipsawed investors in 2026 quite like DraftKings (NASDAQ:DKNG | DKNG Price Prediction). After hitting $48.78 last summer, shares fell to a 52-week low in February 2026 on guidance concerns…