Here's Why Brown Advisory Mid-Cap Growth Strategy Initiated a Position in DraftKings (DKNG) [Yahoo! Finance]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance
A copy of the letter can be downloaded here . The strategy underperformed its benchmark, the Russell Midcap® Growth Index, in the third quarter of 2025, which increased approximately 3%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its third-quarter 2025 investor letter, Brown Advisory Mid-Cap Growth Strategy highlighted stocks such as DraftKings Inc. (NASDAQ:DKNG). DraftKings Inc. (NASDAQ: DKNG ) is a digital sports entertainment and gaming company. The one-month return of DraftKings Inc. (NASDAQ:DKNG) was 17.41%, and its shares lost 13.58% of their value over the last 52 weeks. On December 17, 2025, DraftKings Inc. (NASDAQ:DKNG) stock closed at $34.05 per share, with a market capitalization of $16.949 billion. Brown Advisory Mid-Cap Growth Strategy stated the following regarding DraftKings Inc. (NASDAQ:DKNG) in its third quarter 2025 investor letter: "We initiated a position in DraftKings Inc. (NASDAQ:DKNG) to gain exposure to the f
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DKNG
Earnings
- 11/6/25 - Beat
DKNG
Sec Filings
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- 12/5/25 - Form 4
- DKNG's page on the SEC website