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DKNG - DraftKings Inc. Latest News | Finranks

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DKNG

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DraftKings Inc. (DKNG)

NMS – Real Time Price. Currency in USD

25.68

+0.34 (1.34%)

Market open: Aug 12, 2026, 2:13 PM EDT

25.35

+0.01 (0.03%)

Previous after-hours: Aug 11, 2026, 7:58 PM EDT

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DraftKings: Despite Prediction Markets, This Company Is Facing Revenue Declines

DraftKings: Despite Prediction Markets, This Company Is Facing Revenue Declines

DraftKings faces existential pressure as prediction markets outpace traditional sportsbook offerings. DKNG remains a "Sell" despite a brief Q2 rebound; shares are down ~30% YTD and trade at a premium. Revenue and EBITDA are declining, with 1H EBITDA at $282 million, well below the FY26 guidance midpoint of $750 million.

DraftKings After Earnings: Buy, Hold, or Run?

DraftKings After Earnings: Buy, Hold, or Run?

At $24.03, DraftKings (NASDAQ:DKNG | DKNG Price Prediction) is a hold.

Stock Market Today, Aug. 7: DraftKings Surges 8% on Prediction-Market Growth After Q2 Results

Stock Market Today, Aug. 7: DraftKings Surges 8% on Prediction-Market Growth After Q2 Results

Today, Aug. 7, 2026, the sportsbook platform reported record $13.1 billion in combined volume despite customer-friendly outcomes pressuring margins.

Prediction markets take center stage in latest round of quarterly earnings reports

Prediction markets take center stage in latest round of quarterly earnings reports

Annualized total volume for DraftKings' predictions platform grew to $11 billion from $2.3 billion between April and July, CEO Jason Robins said. Coinbase said that its prediction markets revenue grew 106% on a quarter over quarter basis.

World Cup Gives DraftKings a New Growth Engine

World Cup Gives DraftKings a New Growth Engine

DraftKings shares rallied as investors looked beyond a disappointing quarter to stronger momentum heading into the second half of the year. CEO Jason Robins joins Bloomberg to discuss how the World Cup brought in new and returning customers, why engagement remained strong after the tournament ended, and how DraftKings is approaching the increasingly competitive prediction-markets business.

DraftKings Posts In Line Q2, Continues Investing In Prediction Markets

DraftKings Posts In Line Q2, Continues Investing In Prediction Markets

DraftKings Inc (NASDAQ:DKNG) shares rose in early trading on Friday, after the company reported its second-quarter results.

DraftKings Inc. (DKNG) Q2 2026 Earnings Call Transcript

DraftKings Inc. (DKNG) Q2 2026 Earnings Call Transcript

DraftKings Inc. (DKNG) Q2 2026 Earnings Call Transcript

Videos

World Cup Gives DraftKings a New Growth Engine

Inside Out: DKNG, FLUT vs Prediction Markets

Press releases

DraftKings Reports Second Quarter Results

DraftKings Reports Second Quarter Results

BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its second quarter 2026 financial results. The Company also posted a second quarter 2026 business update and a slide presentation on the Financials section of its website at ir.aboutdraftkings.com. Second Quarter 2026 Highlights For the three months ended June 30, 2026, DraftKings reported Sports Consumer Volume of $13.1 billion, an increase of $1.7 billion, or 15%, compared to $11.5 billion.