DKNG
DraftKings, Inc.
September 17, 2026 · intraday
- Rarity
- 1.28
- Peak move
- −8.04%
- Float cap
- $11.6B
DraftKings is a digital sports entertainment and gaming company that offers online and retail sports betting, online casino, daily fantasy sports, digital lottery courier, and prediction markets. It serves users in jurisdictions where such offerings are approved, generating revenue primarily from Sportsbook and iGaming through hold, entry fees, service fees, and introducing fees.
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What we found
11 events · 1 from SEC or newswire · 0 timed with the moveanalyst_ratingStifel reiterated a Buy rating on DraftKings, noting August CFTC-regulated single-wager sports volume fell 30% month-over-month to $18.6B while combo parlay volume rose 22% to $18.8B, a shift Stifel views as positive for DraftKings and Flutter.
- Key event
demand_signalNew York State online sports betting handle fell 24.7% year-over-year in Week 9 with gross gaming revenue down 41.0%, partly driven by Fanatics generating lower handle than a year earlier.
- Key event
peer_disclosurePrediction-market trading volume hit record levels over the NFL weekend, with total volume across eight exchanges reaching $3.17B on Saturday and $3.12B on Sunday.
- Key event
peer_disclosureLeBron James, who had previously promoted DraftKings, was announced as a member of Polymarket's team in a deal reported at roughly $15 million.
insider_saleDraftKings CEO and Chairman Jason Robins filed a Form 4 dated September 11, 2026, disclosing insider transactions in the company's securities.
SEC4 0001810231-26-000016Websec.govexecutive_remarkDraftKings CEO Jason Robins, speaking at the Front Office Sports Asset Class event in New York, called an August Fortune headline calling the company 'struggling' a 'hit piece' and said the business 'certainly isn't struggling.'
major_contractDraftKings donated $50,000 to the Disabled American Veterans Transportation Network through its DraftKings SERVES program as part of a nationwide 'DraftKings Gameday' activation offering free gas at select stations.
analyst_ratingJefferies analyst David Katz estimated DraftKings could generate up to $57 million in NFL prediction-market exchange fees this season, citing $42 million in contract volume and $106,000 in fees from two early games on its DKeX platform, while noting DraftKings trails Kalshi and Polymarket.
insider_saleA Form 4 reported a September 11, 2026 transaction by DraftKings CEO and Chairman Jason Robins, who is sole holder of 393,013,951 Class B shares, transferring 696,850 stock options to the Robins 2026 Grantor Retained Annuity Trust with no purchase or sale of shares.
product_launchDraftKings announced responsible-engagement initiatives including a Kevin Hart and Nick Jonas digital campaign, a PGA TOUR sweepstakes running Sept 16-29, Gamalyze American Football with Mindway AI, and custom cool-off periods of 3 to 364 days.
analyst_ratingStifel analyst Jeffrey Stantial reiterated a Buy rating on DraftKings with a $38.00 price target, while Morgan Stanley's Stephen Grambling issued a Buy and Bank of America Securities reiterated a Hold the same day.