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Allspring Global Investments Holdings LLC decreased its position in shares of DraftKings Inc. (NASDAQ: DKNG) by 31.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 550,267 shares of the company's stock after selling 250,729 shares during the quarter. Allspring
Amova Asset Management Americas Inc. cut its stake in shares of DraftKings Inc. (NASDAQ: DKNG) by 34.1% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,330,602 shares of the company's stock after selling 1,207,787 shares during the quarter.
In the closing of the recent trading day, DraftKings (DKNG) stood at $24.32, denoting a -2.49% move from the preceding trading day.
In the latest trading session, DraftKings (DKNG) closed at $24.84, marking a -1.62% move from the previous day.
Short-seller research outlet The Bear Cave published its latest report on DraftKings Inc. (NASDAQ:DKNG) Thursday, arguing that prediction markets are pulling users away from traditional sportsbooks and that the risk is not priced into the stock.
DraftKings (DKNG) is transitioning from a waiting game to approaching consistent profitability, as evidenced by strong Q1 2026 results. Q1 2026 revenue grew 17% YoY, while EBITDA surged 64% YoY, highlighting significant operating leverage. DKNG now benefits from multiple growth drivers: improved sportsbook margins, iGaming expansion, prediction markets, and higher revenue per customer.
NEW YORK--(BUSINESS WIRE)---- $DKNG #ARCEntertainmentGroup--TRWD adds former Marine and Joystick.tv programmer Jeremy Woertink to advance its payment gateway and evaluate strategic tech acquisitions.
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its second quarter 2026 results after the close of market trading on Thursday, August 6, 2026. DraftKings will host a conference call and audio webcast the following morning, Friday, August 7, 2026, at 8:30 a.m. ET, during which management will discuss the Company's results and provide commentary on business performance. To listen to the audio webcast and live Q&A, pl.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.