What's Up With DraftKings And Penn National Gaming Today?
DraftKings Inc. (NASDAQ:DKNG) and Penn National Gaming, Inc. (NASDAQ:PENN) shares are trading lower as gambling stocks fall for the session amid weakness in Penn National Gaming. Penn shares dipped despite better-than-expected earnings results.DraftKings reports its first-quarter earnings on Friday.
DraftKings Inc is a digital sports entertainment and gaming company. The company provides users with daily fantasy sports (DFS), sports betting, and iGaming opportunities.
DraftKing's stock was trading 10.5% lower at $50.35 at the time of publication. The stock has a 52-week high of $74.38 and a 52-week low of $23.04.
Penn National Gaming Inc is the operator of gaming and racing properties and video gaming terminal ("VGT") operations in the U.S.
Penn National Gaming's stock was trading 11.5% lower at $80.88. The company has a 52-week high of $142.00 and a 52-week low of $15.07.
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