UPDATE 2-European shares rise on Evergrande relief, ahead of Fed meeting [Reuters]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Reuters
By Sruthi Shankar 3 Min Read (Reuters) -European stocks rose on Wednesday, recovering from its early-week losses after debt-laden developer China Evergrande said it would make some interest payments, while travel and leisure index jumped to a 14-week high. Evergrande’s Frankfurt-listed shares jumped 24% after hitting multi-year lows in the previous session. The property developer said it would make a coupon payment on its domestic bonds, offering relief to investors worried about payments default following financial troubles. Boosting the travel & leisure index, Entain surged 6.2% to a life high after the UK gambling firm revealed a $22.4 billion takeover proposal from Boston-based DraftKings which was nearly double the bid it rejected from MGM this year. Online betting group Flutter Entertainment gained 4.6% after it agreed to pay $200 million to the Commonwealth of Kentucky to settle a judgement reinstated last year. The Europe-wide STOXX 600 index rose 0.5%, extending Tuesday’s bo
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DKNG
News
- DraftKings Inc. (NASDAQ: DKNG) had its price target raised by analysts at Barclays PLC from $50.00 to $52.00. They now have an "overweight" rating on the stock.MarketBeat
- 4 SPACs That Actually Turned Out to Be Solid Businesses [Yahoo! Finance]Yahoo! Finance
- DraftKings: Good Growth Prospects, But Overvalued [Seeking Alpha]Seeking Alpha
- The NBA just issued its first gambling ban in 70 years, booting Jontay Porter for committing the league's ‘cardinal sin' [Yahoo! Finance]Yahoo! Finance
- The NBA just issued its first gambling ban in 70 years, booting Jontay Porter for committing the league's ‘cardinal sin' [Fortune]Fortune
DKNG
Earnings
- 2/15/24 - Beat
DKNG
Sec Filings
- 4/16/24 - Form PX14A6G
- 4/3/24 - Form 4
- 3/26/24 - Form 4
- DKNG's page on the SEC website