Prediction markets & exchanges
Business and regulatory reporting on Railbird Exchange.
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Bank of America upgraded DraftKings to Buy from Neutral, citing prediction market potential. DraftKings shares rose about 5% following the upgrade, while analyst Julie Hoover maintained a $27 price target.
Also in this report: DraftKings · Railbird Technologies
Bank of America upgraded DraftKings to Buy from Neutral, citing prediction market potential. DraftKings shares rose about 5% following the upgrade, while analyst Julie Hoover maintained a $27 price target.
Also in this report: DraftKings · Railbird Technologies
DraftKings self-certified nine football markets and multi-leg contracts with the CFTC. Its Railbird Exchange business, trading as DKeX, filed to offer combinations comparable to sportsbook parlays.
Also in this report: DraftKings · CFTC
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Bank of America’s upgrade ties its improved DraftKings assessment to prediction market potential while maintaining its price target.
The filings extend DraftKings’ proposed prediction-trading products to football markets and multi-leg combinations.
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