The website of fantasy sports DraftKings Scott Olson | Getty Images Here are the stocks that make headlines in midday trading: Tesla – Shares of the electric car company rose more than 1% after two companies upgraded the stock. Morgan Stanley lifted its rating to equal weight underweight on Thursday …
Read More »Hot gambling stock DraftKings falls 6% to greater loss than expected
DraftKings fell more than 5% in premarket trading on Friday after it said its loss for the second quarter grew, despite strong revenue and a turnaround in user participation. The Boston-based gambling company posted a second-quarter loss of $ 161.4 million, or 55 cents a share, compared to a loss …
Read More »DraftKings Extends Agreement with PGA Tour to Become Official Betting Operator
The entrance from the elevators, designed to resemble a tunnel entering a stadium, is displayed in DraftKings’ new office in Boston on March 25, 2019. David L. Ryan | The Boston Globe via Getty Images DraftKings is improving its sports sponsorship portfolio as the leagues continue to resume suspended operations …
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