DraftKings Stock Has Slumped. Insiders Bought Up Shares. [MarketWatch]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: MarketWatch
These are the first open-market purchases of stock by insiders since DraftKings went public in early 2020 through a special-purpose acquisition company. DraftKings (ticker: DKNG) stock has slipped 23% so far this year, setting a new 52-week intraday low of $34.42 just last week. Meanwhile the S&P 500 index has risen by nearly 27%. The company has faced headwinds as of late. A disappointing third-quarter report earlier this month sent shares tumbling. Near the end of October, DraftKings dropped a $22 billion bid for Entain a deal that would have provided bricks-and-mortar betting sites in the U.K., and a foothold in online international gambling. DraftKings director and Vice Chairman Harry E. Sloan led the buying, paying $2 million on Nov. 16 for 50,000 shares , a per-share average price of $39.52. Sloan, a former chairman and CEO of motion picture and television company Metro-Goldwyn-Mayer , now owns 63,035 shares, according to a form he filed with the Securities and Exchange C
Show less
Read more
Impact Snapshot
Event Time:
DKNG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DKNG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DKNG alerts
High impacting DraftKings Inc. - Class A news events
Weekly update
A roundup of the hottest topics
DKNG
News
- Business Insider logo [Business Insider]Business Insider
- Virtual, Inc. Invites Community to Support Dana-Farber Cancer Institute's Jimmy Fund Day at Fenway Park [Yahoo! Finance]Yahoo! Finance
- Artisan Focus Fund Q1 2024 Commentary [Seeking Alpha]Seeking Alpha
- 2024 NFL Draft best bets and odds [FOX News]FOX News
- Is DraftKings Stock Going to $60? 1 Wall Street Analyst Thinks So. [Yahoo! Finance]Yahoo! Finance
DKNG
Earnings
- 2/15/24 - Beat
DKNG
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- DKNG's page on the SEC website