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Barron's Picks And Pans: Bank Mergers, Comcast, Dogs of the Dow, Square And More
Sunday, December 20, 2020 - 2:30pm | 1124This weekend's Barron's cover story shares thoughts from a panel of experts on what to expect for stocks in 2021. Other featured articles examine Barron's picks for 2021, the preliminary 2021 Dogs of the Dow, and whether dividends and buybacks are about to rebound. Also, the prospects...
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Tesla Under Pressure After Company Announces Plan To Sell Shares, But Nasdaq Near Highs
Tuesday, December 8, 2020 - 10:00am | 2137The waiting game that began last week continues, putting the long rally on pause. We’re an impatient lot, and when things aren’t happening quickly the market sometimes slumps, as we’ve seen so far this week. The main thing investors are waiting for is any sign of Congress...
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Investor Movement Index Summary: November 2020
Monday, December 7, 2020 - 12:43pm | 1863TD Ameritrade clients decreased exposure to equity markets during the November IMX period. The IMX score decreased 0.28, or 4.92%, to 5.41 from 5.69 in October. For the first time since February, TD Ameritrade clients were net sellers overall and net sellers of equities. They took advantage of...
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Benzinga's Bulls And Bears Of The Week: Moderna, Palantir, Tesla And More
Saturday, November 21, 2020 - 9:22am | 1192Benzinga has examined the prospects for many investor favorite stocks over the past week. The bullish calls this past week included a struggling retailer and a Warren Buffett pick. A COVID-19 vaccine frontrunner and a pot stock were featured among the week's bearish calls. Investors and...
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Investor Movement Index Summary: October 2020
Monday, November 9, 2020 - 1:34pm | 1792Exposure to equity markets remained relatively flat in TD Ameritrade client accounts during the October IMX period. The IMX score decreased 0.02, or 0.35%, to 5.69 from 5.71 the previous period. TD Ameritrade clients were net buyers overall, and net buyers of equities during the period. They...
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Bulls And Bears Of The Week: Chevron, Oracle, Twitter And More
Saturday, September 26, 2020 - 2:12pm | 876Benzinga has examined the prospects for many investor favorite stocks over the past week. Both bullish and bearish calls in coronavirus vaccine contenders were seen this week. Social media platforms were represented in both categories as well. September has a reputation as a harsh month for the...
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BofA: Key Takeaways From DraftKings, Penn National, Hilton At Gaming And Lodging Conference
Saturday, September 19, 2020 - 8:28am | 530The 11th annual Gaming & Lodging Conference from Bank of America hosted ten companies. A look at the highlights from DraftKings Inc (NASDAQ: DKNG), Penn National Gaming (NASDAQ: PENN), and Hilton Worldwide Holdings Inc (NYSE: HLT). Bank of America analyst Sarah C. Kelley shared takeaways...
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Gan's Stock Continues Fall After Being Left Out Of Barstool App
Wednesday, September 16, 2020 - 1:50pm | 605Gan Limited (NASDAQ: GAN) shares have fallen about 15% over the last two days despite a rise in shares from its sector of sports betting and iGaming. The drop comes with no news out from the company and a big rise in peer stocks like DraftKings Inc. (NASDAQ: DKNG) and Penn National Gaming (NASDAQ:...
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Benzinga's Bulls And Bears Of The Week: Apple, Salesforce, Tesla And More
Saturday, August 29, 2020 - 12:38pm | 818Benzinga has examined the prospects for many investor favorite stocks over the past week. This past week's bullish calls included the iPhone maker and other tech leaders. The leading EV maker and a top biotech were among the bearish calls. The big three U.S. stock indexes ended the past week...
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Analyst Likes DraftKings As Public Embraces Legal Sports Betting
Tuesday, May 5, 2020 - 2:49pm | 381The case for investing in providers of legalized gambling like DraftKings in the U.S. is based in part on encouraging trends elsewhere in the world, according to Canaccord Genuity. DraftKings and SBTech were acquired by Diamond Eagle Acquisition Corporation (NASDAQ: DKNG), which merged into a new...
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Morgan Stanley Wants To Bet On DraftKing's Stock
Thursday, April 30, 2020 - 1:21pm | 379Online sports gaming company DraftKings is almost a pure-play investment on U.S. legal sports betting and iGaming growth, according to Morgan Stanley. Note: DraftKings merged with special purpose acquisition company Diamond Eagle (NASDAQ: DKNG) and the stock started to trade last Friday. The...
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Fantasy Sports Platform DraftKings Announces Go-Public Plans
Monday, December 23, 2019 - 8:14am | 364DraftKings announced Monday that it has entered into a business combination agreement with Diamond Eagle Acquisition Corp. (NASDAQ: DEAC) to become a publicly traded company. The transaction is expected to close in the first half of 2020. Once the transaction is closed, Diamond Eagle intends...
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DraftKings, NFL Execs Talk Sports Betting, Increased Engagement At Forbes Summit
Thursday, October 31, 2019 - 10:45am | 265DraftKings CEO Jason Robins and Chris Halpin, the NFL executive vice president chief of strategy and growht officer, spoke Monday at the Forbes Under 30 Summit in Detroit about the future of fantasy sports and legalized sports betting. DraftKings is an American fantasy sports content provider...
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'The NFL Is More Popular Than Ever': DraftKings CEO Talks Explosive Sports Betting Growth
Monday, August 19, 2019 - 1:09pm | 609DraftKings' sports betting launch in New Jersey has been immensely successful and the company is eyeing consistent growth as it launches into more states. Since the company launched legal sports betting in New Jersey in August of 2018, CEO Jason Robins says the state now makes up nearly a third...
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Sports Betting Comes To More and More States — And Mobile Is Key
Sunday, May 12, 2019 - 8:30am | 962In a show of how Americans are increasingly able to bet legally on sports, a big Heartland state became the second this year and the 10th overall to legalize sports betting. And two companies announced the biggest media investment yet in sports betting. The developments sum up the...