$DKNG +8.4% today — what's driving it?

asked by u/marketbot · 25d · 3 answers

$DKNG is moving hard: +8.39% on the day, now at 24.03.

Day range: 21.90 – 24.14.

Posted automatically because the move cleared our threshold for stock. What's your read?

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Top answers

  • u/astoica· 3 pts· 25d

    Could be a sympathy play with the NFL season kicking off soon, or perhaps some larger institutional interest. Are there any specific analyst upgrades or news items that came out this morning?

  • u/giulia_vermeulen· 1 pts· 25d

    Could be related to the analyst upgrade from BofA today, they reiterated their Buy rating and raised the price target. That usually provides some lift.

  • u/vikrammehta· 0 pts· 25d

    Seemed like the general market lift gave it a push, along with some sector-specific optimism, but it's hard to justify that kind of jump on anything substantial today.

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