DraftKings gains 16.33% as gaming stocks rally
DraftKings shares rose 16.33% during the week covered in the report, while the Roundhill Sports Betting & iGaming ETF gained more than 7%. The report attributed DraftKings’ rise partly to a filing showing preliminary 24% month-on-month growth in annualised consumer trading volume on DraftKings Predictions, alongside positive analyst commentary.
The reported gains and trading-volume data provide investors with a market update on DraftKings and the prediction-market segment.