BlackRock acquired 26.6M DraftKings shares worth $675M. That's 0.01% of their equity portfolio (944th largest holding). The investor owns 5.55% of the outstanding DraftKings stock. The first DraftKings trade was made in Q4 2020. Since then BlackRock bought shares eleven more times and sold shares on six occasions. The investor's estimated purchase price is $928M, resulting in a loss of 27%.
DraftKings dives on a lower-than-expected guidance, missed user numbers. Cathie Wood, ARK Invest sell DKNG, buy crypto stocks.
The headline numbers for DraftKings (DKNG) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compar...
DraftKings (DKNG) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.5 per share. This compares to a loss of $0....
The sports-betting company sees “a massive, incremental opportunity” in the hot world of prediction markets.