DraftKings Inc (NASDAQ: DKNG) shares are trading higher on Tuesday, standing out in a market that's broadly under pressure. The company has seen a fresh round of analyst upgrades roll in.
DraftKings has a strong position in sports betting. To grow its business, it is expanding into the prediction market space.

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CNBC's Contessa Brewer talks with DraftKings CEO Jason Robins as the company holds its investor day event in Boston.
There is a line Jason Robins will not cross. Even as DraftKings races to build out its prediction markets business, the CEO has been explicit about where the entertainment stops and the ethical proble
DraftKings Inc. (DKNG) Analyst/Investor Day Prepared Remarks Transcript
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today outlined an expanded growth strategy and long-term financial framework, including its participatio
Prediction markets went mainstream in the U.S. in 2025. Robinhood is one of the leaders, with prediction markets becoming its fastest-growing new product ever.
DraftKings is able to operate in 38 states now as its Predictions feature expands reach and offers upside not included in guidance. The company already has sportsbook data and in-house market-making.
DraftKings (DKNG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The real money might not be in the prediction platforms themselves, but in the companies selling the data, infrastructure, and trading rails that institutional investors rely on. Prediction market pla
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”) today announced that the Arkansas Racing Commission has approved the company for licensure, allowing DraftKings to soon launc
When seeking stocks that are poised to pop, there are certain things to look for. DraftKings stock has been down sharply to start the year, but it has a major catalyst that should propel it higher.
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