Penn Gaming pares gain as Einhorn's Greenlight discloses new stake in Q1 letter [Seeking Alpha]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Seeking Alpha
Greenlight established a "medium-sized" position in Penn ( PENN ) in Q1, according to a letter viewed by Seeking Alpha. Greenlight argues that the market is currently ascribing a negative value to ESPN BET. "It's fair to say that after the Barstool fiasco, investors have serious doubts about the company's strategy and management's competence to execute," Einhorn wrote in the letter. "Were the market to credit PENN with merely 15% of DraftKings' value, the segment alone would be worth $20 a share." Developing story ... Recommended For You More Trending News Recommended For You More Trending News About PENN Stock Related Stocks Trending Analysis Trending News
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News
- NBA, sportsbooks discussing changes to prop bets after Jontay Porter's ban: report [FOX News]FOX News
- 9 places to retire where you can go back to college practically free [Yahoo! Finance]Yahoo! Finance
- DraftKings CEO expands upon customer retention, revenue growth [Yahoo! Finance Canada]Yahoo! Finance Canada
- DraftKings CEO expands upon customer retention, revenue growth [Yahoo! Finance]Yahoo! Finance
- DraftKings Inc. (NASDAQ: DKNG) had its price target raised by analysts at Benchmark Co. from $50.00 to $52.00. They now have a "buy" rating on the stock.MarketBeat
DKNG
Earnings
- 5/2/24 - Beat
DKNG
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 3
- DKNG's page on the SEC website