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 stock has fallen 44% year-to-date in 2026 due to growing competition from prediction market platforms that are pulling customers away from licensed sportsbook operators. While DraftKings still operates under the licensed sportsbook model a...
Jefferies has lowered its 2026 adjusted earnings forecast for DraftKings by 15%, citing increased spending on prediction markets and slower growth in online casino gaming (iGaming). The broker expects DraftKings to spend an additional $100 million on...
