DraftKings shares rose 7.6% to $26.67 after the company reported strong May prediction markets growth. Annualized consumer trading volume increased 24% to $1.3 billion, while total volume climbed 34% to $3.1 billion. The update points to improving momentum in its prediction markets business and is supportive for the stock.
DraftKings shares rose 7.6% to $26.67 after the company reported strong May prediction markets growth. Annualized consumer trading volume increased 24% to $1.3 billion, while total volume climbed 34% to $3.1 billion. The update points to improving momentum in its prediction markets business and is supportive for the stock.
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Request DemoOverall Sentiment
moderately positive
Sentiment Score
0.62
Ticker Sentiment
