Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why DraftKings Is Down 7% Today

TheMotleyFool

0 0

Shares of online fantasy sports and sports betting company DraftKings (NASDAQ: DKNG) are down 7% today, as of 11:30 a.m. EDT. After a huge run following its April 2020 initial public offering (IPO), investors are taking some profits after a company announcement this morning.

DraftKings announced today it will be issuing new shares of its common stock, diluting existing shareholders after a strong performance in its first six months of trading.

Source Fool.com

Like: 0

DKNG

Share