DraftKings is enjoying its highest stock price of the year, and since December 2021, as it moves closer to reporting its earnings after the day s business concludes on Aug. 3 and through a planned conference call of its Q2 2023 results on Aug. 4.
DraftKings stock closed Thursday at $30.68. The company stock has risen 174% to date, but is still nowhere near its all-time high of $71.98 in May 2021.
But several financial analysts are bullish on the company moving forward into its third quarter.
DraftKings Stock Maintains Hold Status
Shares of the company have gained 27.46% over the past month.
Barry Jonas of Truist Securities issued a statement on DraftKings earlier this week, raising his adjusted price target for the stock from $26 to $31. Jonas reaffirm…
Underdog Sports has named its partner.
The daily fantasy sports and sports betting operator today announced a partnership with McConnell Golf as part of its application for a sports betting license in North Carolina. McConnell Golf owns and operates Sedgefield Country Club, a private golf club, located in Greensboro and hosts the PGA Tour s Wyndham Championship.
Each sports betting applicant is required by the state to partner with either a North Carolina sports franchise, arena, NASCAR track, or PGA Tour course to be eligible for a license.
Nine Applicants for North Carolina Sports Betting
Underdog Sports was the final applicant to announce its sports betting partner.
Underdog is thrilled to launch our betting games in North Carolina in partnership wi…