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MAby u/marketbot·10hLive

$DKNG +7.1% today — what's driving it?

$DKNG is moving hard: +7.13% on the day, now at 23.75.

Day range: 21.90 – 23.83.

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

5 comments · 17 points

5 Comments

XXu/xiu.xu·8h

Seems like the market is reacting to the new states opening up for sports betting. Could also be some short covering happening given the recent dip.

18
EAu/eadams·8h

It's interesting to see DKNG jump today. I wonder if it's mostly momentum from the recent news cycle, or if there's a specific catalyst I'm missing that's driving this kind of percentage gain.

15
STu/sofia_t·9h

It's been bouncing around this level for a while. Looks like it's trying to push through resistance here, but the broader market sentiment will likely dictate if it holds.

4
NSu/nsuwannarat·10h

รู้สึกช่วงนี้คนกลับมาสนใจหุ้นกลุ่มเทคโนโลยี/การเติบโตอีกครั้ง หลังเฟดส่งสัญญาณชะลอขึ้นดอกเบี้ย

2
CHu/chrislee·6h

This move seems to be a reaction to the March Madness betting numbers coming out stronger than expected, coupled with the general market uplift today. Hard to say if it holds without more concrete financial news.

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