Previous close | 3.4500 |
Open | 3.4500 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 33.00 |
Expiry date | 2025-05-16 |
Day's range | 3.4500 - 3.4500 |
Contract range | N/A |
Volume | |
Open interest | N/A |
In posts on X and LinkedIn in July of last year, the company's public relations firm boasted of DraftKings' "strong growth" even though the company had not released its second-quarter financial results, according to the SEC. The company then asked for the posts to be deleted but did not disclose relevant information to all investors for a week, the agency said in a statement. "It is essential that, when companies disseminate material, non-public information, they do so fairly to all investors," John Dugan, associate enforcement director in the SEC's Boston office, said in the statement.
DraftKings (DKNG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
FanDuel parent Flutter Entertainment announced its long-term growth plan, a $5 billion stock buyback Wednesday. Betting stocks jump.