DraftKings (DKNG) Stock Trades Down, Here Is Why [Yahoo! Finance]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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US:NYSE Investor Relations:
wellsfargo.com/about/investor-relations
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Source: Yahoo! Finance
The organization stepped up its fight against new betting platforms, asking federal regulators to stop trading linked to college sports until stricter national rules were put in place. This request was made in a letter to the Commodity Futures Trading Commission (CFTC). The action showed increasing worry about the quick growth of betting on college sports and its potential impact on student-athletes. For a major sports betting company, this move introduced significant regulatory uncertainty and threatened a key market segment. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy DraftKings? Access our full analysis report here, it's free DraftKings's shares are very volatile and have had 22 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
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WFC
News
- Cracks begin to appear at the biggest U.S. banks [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Wells Fargo & Company (NYSE:WFC) had its price target lowered by analysts at TD Cowen from $102.00 to $100.00. They now have a "hold" rating on the stock.MarketBeat
- Wells Fargo & Company (NYSE:WFC) had its "outperform" rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $100.00 price target on the stock.MarketBeat
- Wells Fargo & Company (NYSE:WFC) had its price target lowered by analysts at Evercore ISI from $110.00 to $105.00. They now have an "outperform" rating on the stock.MarketBeat
- Wells Fargo & Company (NYSE:WFC) had its price target raised by analysts at Argus from $94.00 to $101.00. They now have a "buy" rating on the stock.MarketBeat
WFC
Earnings
- 1/14/26 - Miss
WFC
Sec Filings
- 1/16/26 - Form 424B2
- 1/16/26 - Form 424B2
- 1/16/26 - Form 424B2
- WFC's page on the SEC website