DKNG: DraftKings, Inc.
About
DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. It operates through the following segments: Business-to-Consumer (B2C) and Business-to-Business (B2B). The Business-to-Consumer segment includes sportsbook, iGaming and DFS product offerings, as well as media and other consumer product offerings. The Business-to-Business segment includes design and development of gaming software. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.
Current Value
$42.061 Year Return
Current Value
$42.061 Year Return
Key Details
Market Cap
$20.33B
P/E Ratio
-48.11
1Y Stock Return
13.87%
1Y Revenue Growth
40.01%
Dividend Yield
0.00%
Price to Book
18.9
Strategies that include DKNG
Stock's related to DKNG
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| IT | 49.64% | $39.54B | +11.30% | 0.00% |
| ITT | 48.78% | $12.56B | +35.53% | 0.82% |
| PDFS | 47.99% | $1.17B | -2.33% | 0.00% |
| MOD | 47.46% | $6.84B | +142.15% | 0.00% |
| TY | 46.46% | - | - | 2.44% |
| ADSK | 46.33% | $65.36B | +33.36% | 0.00% |
| MOG.A | 45.58% | $6.71B | +49.94% | 0.53% |
| ALG | 44.81% | $2.36B | +1.85% | 0.53% |
| ONTO | 44.64% | $8.07B | +11.21% | 0.00% |
| VRT | 44.56% | $45.68B | +146.21% | 0.09% |
| UCTT | 44.08% | $1.67B | +27.50% | 0.00% |
| MKSI | 43.96% | $7.46B | +28.80% | 0.78% |
| DOCN | 43.94% | $3.53B | +20.03% | 0.00% |
| FLUT | 43.89% | $48.92B | +66.74% | 0.00% |
| ENTG | 43.78% | $16.03B | -3.68% | 0.37% |
| VNT | 43.75% | $5.88B | +14.27% | 0.25% |
| EXP | 43.61% | $9.31B | +45.58% | 0.36% |
| FUN | 43.54% | $4.64B | -15.67% | 0.00% |
| AMZN | 43.50% | $2.37T | +52.59% | 0.00% |
| KN | 43.50% | $1.72B | +19.49% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| RGR | 0.29% | $621.93M | -14.87% | 1.86% |
| COR | -0.35% | $45.81B | +16.21% | 0.89% |
| MRCC | 0.36% | - | - | 11.92% |
| TTE | -0.37% | $129.44B | -14.41% | 5.87% |
| VTYX | -0.42% | $196.58M | +26.36% | 0.00% |
| SU | 0.42% | $47.57B | +27.88% | 4.24% |
| CME | -0.44% | $86.19B | +14.50% | 1.94% |
| GO | -0.46% | $1.90B | -29.81% | 0.00% |
| MCK | -0.47% | $74.13B | +26.36% | 0.46% |
| EXEL | 0.65% | $10.06B | +54.72% | 0.00% |
| BP | 0.66% | $78.54B | -13.41% | 6.08% |
| ALL | 0.70% | $51.65B | +35.12% | 1.89% |
| WRB | 0.78% | $23.36B | +28.48% | 0.69% |
| CL | -0.79% | $76.71B | +19.47% | 2.10% |
| DXYZ | 0.80% | - | - | 0.00% |
| LTM | -0.84% | $8.63B | -100.00% | <0.01% |
| PSQH | 0.84% | $179.82M | -14.26% | 0.00% |
| K | -0.86% | $27.82B | +49.33% | 2.80% |
| CQP | 0.95% | $27.36B | +4.43% | 5.65% |
| TR | -0.99% | $2.31B | -2.38% | 1.11% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -17.55% | $21.25B | +13.78% | 1.16% |
| ED | -16.52% | $32.81B | +3.23% | 3.51% |
| INSM | -14.80% | $12.99B | +159.45% | 0.00% |
| SO | -14.75% | $92.46B | +19.75% | 3.40% |
| GIS | -14.72% | $36.72B | -0.90% | 3.60% |
| DUK | -14.49% | $85.83B | +16.55% | 3.73% |
| ES | -13.88% | $22.18B | +0.55% | 4.65% |
| FDP | -13.31% | $1.61B | +38.05% | 2.94% |
| MO | -13.25% | $94.05B | +34.16% | 7.11% |
| D | -12.07% | $46.21B | +15.45% | 4.86% |
| HUSA | -11.89% | $16.88M | -24.12% | 0.00% |
| ABBV | -11.83% | $310.43B | +14.64% | 3.55% |
| DOGZ | -11.72% | $567.41M | +1,356.54% | 0.00% |
| AEP | -11.69% | $50.65B | +18.88% | 3.76% |
| CMS | -11.33% | $20.22B | +16.72% | 3.04% |
| HSY | -11.03% | $37.88B | +1.35% | 3.08% |
| NEUE | -10.76% | $43.41M | -19.51% | 0.00% |
| CPB | -10.76% | $12.98B | -1.91% | 3.40% |
| EVRG | -10.68% | $14.34B | +21.44% | 4.16% |
| NEE | -10.59% | $152.46B | +24.56% | 2.78% |
ETF's related to DKNG
News
Yahoo
Based on the average brokerage recommendation (ABR), DraftKings (DKNG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Yahoo
Markets are booming but the investments and bets that disproportionately draw young men are leaving everything else in the dust.
Yahoo
With the business potentially at an important milestone, we thought we'd take a closer look at DraftKings Inc.'s...
Yahoo
Lawmakers say FanDuel, DraftKings, and the Sports Betting Alliance have coerced business partners to discourage new competition.
Yahoo
Investing.com -- Senators Mike Lee and Peter Welch urged Federal Trade Commission and Dept of Justice to investigate DraftKings Inc (NASDAQ:DKNG) and FanDuel on concerns that both online betting platforms coordinating against competitors.
Yahoo
Two U.S senators have asked the Federal Trade Commission and Justice Department to investigate online betting platforms DraftKings and FanDuel over concerns they are coordinating against competitors. In a letter dated Dec. 5, Republican Senator Mike Lee and Democratic Senator Peter Welch asked for an investigation following reports that the two companies were allegedly acting together to pressure businesses not to engage with competitors. "After their merger to monopoly was blocked, it seems that FanDuel and DraftKings have arguably acted as one company, violating our antitrust laws," they wrote, citing the companies' failed 2016 plan to combine.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.