DraftKings stock fell 2% amid new data from Needham showing Kalshi holds 76% of NFL prediction-market volume, while DraftKings' DKeX has just 3%. However, after adjusting for professional traders inflating Kalshi's volume, Kalshi's lead narrows to 67%, with DraftKings' share steady. DraftKings benefits from a broad sportsbook license footprint, which could become advantageous due to pending legal rulings on prediction markets. Investors should watch upcoming NFL weeks' volume data and legal developments for clearer insights on DraftKings' market position and potential growth.
As of Sep 25, 2026 21:01 WIB, DraftKings (DKNG) trades at USD 21.02 on Pluang, down 1.18% for the day with a market cap of $10.56 billion. Robinhood (HOOD) also slipped, priced at USD 119.27, down 1.28%, with a market cap of $108.62 billion. DraftKings' shares on Pluang show 100% buy order activity, reflecting investor interest despite the recent dip.
DraftKings Inc. enters the NFL season with strong fundamentals, maintaining a high and stable market share in sports betting. Its prediction market, DraftKings Predictions, is growing rapidly, helping offset competition from rivals like Kalshi. Altho...
DraftKings' prediction platform has driven a 10.4% year-over-year increase in unique customers and a volume surge from $2.3 billion to $11 billion in just three months. The company's ambitions to become a Super App and aggressive customer acquisition...
DraftKings shares dropped 4% after CEO Jason Robins revealed plans to boost spending on its growing prediction-markets business, potentially pulling forward marketing investments originally planned for next year. This increased spending, amid uncerta...
DraftKings CEO Jason Robins highlighted strong early NFL season performance with a 15% increase in handle growth and renewed iGaming market share gains. The company remains on track to achieve about $1 billion in adjusted EBITDA for 2026, with expect...
Former DraftKings employees revealed the company used AI and data science to identify gamblers likely to lose more and targeted them with promotional offers to increase wagers. This strategy, based on a measure called “elasticity,” aimed to maximize ...
