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Track DraftKings in real time with a live news feed covering DraftKings stock news, official press releases, company announcements, and an archive of historical DraftKings news. ...more
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3:38 AM | Thursday | Aug 13, 2026
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Assenagon Asset Management S.A. trimmed its position in DraftKings Inc. (NASDAQ: DKNG) by 42.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 134,504 shares of the company's stock after selling 99,812 shares during the quarter. Assenagon Asset Management S.A.'s
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Assenagon Asset Management S.A. trimmed its position in DraftKings Inc. (NASDAQ: DKNG) by 42.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 134,504 shares of the company's stock after selling 99,812 shares during the quarter. Assenagon Asset Management S.A.'s
Assenagon Asset Management S.A. trimmed its position in DraftKings Inc. (NASDAQ: DKNG) by 42.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 134,504 shares of the company's stock after selling 99,812 shares during the quarter. Assenagon Asset Management S.A.'s
The proliferation of prediction markets is increasing competition.
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DraftKings has rolled out a new rewards currency called Crown Cash that powers the company's loyalty program, DraftKings Rewards, and makes it easier to view and use rewards across eligible DraftKings experiences, the digital sports and gaming company said in a Wednesday (Aug. 12) press release.
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DraftKings faces existential pressure as prediction markets outpace traditional sportsbook offerings. DKNG remains a "Sell" despite a brief Q2 rebound; shares are down ~30% YTD and trade at a premium. Revenue and EBITDA are declining, with 1H EBITDA at $282 million, well below the FY26 guidance midpoint of $750 million.
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At $24.03, DraftKings (NASDAQ:DKNG | DKNG Price Prediction) is a hold.
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Dimensional Fund Advisors LP lessened its holdings in DraftKings Inc. (NASDAQ: DKNG) by 44.7% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 622,796 shares of the company's stock after selling 503,290 shares during the period. Dimensional Fund Advisors LP owned about 0.
13%
DraftKings Inc (NASDAQ:DKNG) shares rose in early trading on Friday, after the company reported its second-quarter results.
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DraftKings Inc. (DKNG) Q2 2026 Earnings Call Transcript
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DraftKings is positioning itself not simply as a sportsbook operator, but as a nationwide sports commerce platform capable of acquiring, engaging and monetizing customers across multiple products. As company executives stressed to investors during a second-quarter 2026 earnings call Friday (Aug. 7), prediction markets are becoming central to that ambition.
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DraftKings Inc. (NASDAQ:DKNG) shares are edging higher Friday morning as traders digest mixed Q2 results and upbeat commentary around its Predictions product.
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