This Is Too Hot For DraftKings Inc (NASDAQ: DKNG), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NASDAQ listed company, DKNG falls under the Consumer Cyclical sector while operating within the Gambling industry segment. The current market capitalization of DraftKings Inc is $17.11B. A total of 13.06 million shares were traded on the day, compared to an average of 11.30M 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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.

Most Popular

Related Posts