Is DraftKings Inc (NASDAQ: DKNG) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Gambling industry segment, falling under the Consumer Cyclical sector. The current market capitalization of DraftKings Inc is $28.48B. A total of 13.18 million shares were traded on the day, compared to an average of 11.13M shares.

In the most recent transaction, Liberman Paul sold 643,654 shares of DKNG for 38.95 per share on Mar 25 ’25. After the transaction, the insider now owns 0 company shares. In a previous transaction on Mar 25 ’25, Liberman Paul bought 643,654 shares at 40.50 per share.

Among the insiders who sold shares, Dodge R Stanton disposed of 52,777 shares on Mar 17 ’25 at a per-share price of $39.00. This resulted in the Chief Legal Officer holding 653,843 shares of DKNG after the transaction. In another insider transaction, Dodge R Stanton sold 52,777 shares at $37.62 per share on Mar 14 ’25. Company shares held by the Chief Legal Officer now total 706,620.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, DKNG has a high of $53.61 and a low of $28.69.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. DKNG’s latest balance sheet shows that the firm has $2.15B in Cash & Short Term Investments as of fiscal 2021. There were $1.32B in debt and $929.42M in liabilities at the time. Its Book Value Per Share was $2.07, while its Total Shareholder’s Equity was $1.68B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DKNG is Buy with a score of 4.72.

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