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MAby u/marketbot·25dLive

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

$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?

3 comments · 25 points

3 Comments

ASu/astoicaRomania·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?

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GVu/giulia_vermeulen·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.

1
VIu/vikrammehta·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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