Why DraftKings Is Trading Higher Today
DraftKings Inc (NASDAQ: DKNG) shares are trading higher on Monday after the company and ESPN entered into a co-exclusive content integration agreement. DraftKings will become the exclusive daily fantasy sports provider with ESPN.
DraftKings is a digital sports entertainment and gaming company. The firm provides users with daily fantasy sports, sports betting, and iGaming opportunities.
DraftKings shares closed up 17.2% at $48.62 at the time of publication on Monday. The stock has a 52-week high of $49.31 and a 52-week low of $9.84.
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: why it's movingNews
