Lots of institutional call buys at $45 with an Oct 23 expiration rolling in. If today's price action made you erect, that's bc it should. 10/20: looking at 43.84 at open or bust. Year-to-date, DKNG has gained 379.63%, versus a 1.40% rise in the benchmark S&P 500 index during the same period. With this latest performance, DKNG shares gained by 7.19% in over the last four-week period, additionally plugging by 0.03% over the last 6 months – not to mention a rise of 420.82% in the past year of trading. DraftKings Inc. [DKNG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.62. The deal excludes National Basketball Association programming. The letters for this ticker are hard for me to remember. 04/21 11:31. What this means: Draftkings Inc (DKNG) gets an Overall Rank of 57, which is an above average rank under InvestorsObserver's stock ranking system. For what it’s worth, Jon Najarian said on ‘Fast Money’ today that $dkng is a gift at these prices. DraftKings (DKNG) - Get Report fell Tuesday after the lockup from the online sports betting platform’s secondary offering in June ended. Do I need to remind you that THE Mouse has a stake in this? Most IPO stocks have a lockup period between 90-180 days. Last week, DraftKings signed its latest media deal, a partnership with Warner Media’s Turner Sports division. About the Author: Andrew Hecht Andy spent nearly 35 years on Wall Street and is a sought-after commodity and futures trader, an options expert and analyst. Lockup Expiration and What It Means for PLTR StockWhen a firm goes public, the owners tend to sell roughly 15%-20% of the company. “Regulated betting is quickly becoming a fixture of modern sports entertainment, and this collaboration with Turner Sports further scales the reach of our products and content to engage fans,” Ezra Kucharz, chief business officer at DraftKings, said in a statement. Psh, who cares right, it's not like analysts are consistently raising guidance. That gave the block a $71.7 million value. Terms weren't disclosed. DKNG has formed a head and shoulders pattern testing the neckline now 6 times. Stock price has already been tanked (as it should) ahead of these news. Post-Market 0.19 (0.33%) The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Luckin Coffee’s lockup period expires Nov. 13. I disagree. DKNG 57.17 1.61 (2.74%). Good luck! The trade accounts for 0.6% of DraftKings’ total shares available for trading, according to Bloomberg. The company’s shares are showing year-to-date upside of 0.17%, with the 5-day performance at -0.08% in the red. Isn’t there a second share dilution due 10/20? DKNG bag holders, I know you are out there. 04/21 12:40. The IPO lock-up period also has some interesting implications in the options … The recent pressure on the stock has been the result of a lockup expiration which resulted in the pricing of 38 million shares in a secondary offering at $52 on Oct 7th. DKNG stock trade performance evaluation. I’m balls deep in calls $DKNG babyyyy. DraftKings (DKNG) stock price, charts, trades & the US's most popular discussion forums. DKNG lockup period expires tomorrow Oct. 20th, analysts are consistently raising guidance. Donkey Kong Bagholders RISE. Below is a chart showing DKNG's trailing twelve month trading history, with the $40.00 strike highlighted in red: Meanwhile, what has happened to DKNG during this period? Press question mark to learn the rest of the keyboard shortcuts. This headline-only article is meant to show you why a stock is moving, the most difficult aspect of stock trading. July 23rd marks 90 days since IPO and October 21st marks 180, or it could expire at any point between those dates. DraftKings shares traded Tuesday at $43.07, down 3.39%, and have dropped 33% since Oct. 2. DKNG Lockup Period Expires 10/20. And yeah, I hear you retards calling this oVeRVaLuED / pUMP n DuMP. DraftKings NASDAQ Updated Apr 22, 2021 11:59 PM. After a stumble in the market that brought DKNG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.05% of loss for the given period. Would like to see price form higher lows with this current break of the downtrend. Sports betting giant DraftKings has been cleared to become a public company following approval of a merger with SBTech and Diamond Eagle Acquisition, the … , Anyone on CNBC is trying to pump the stock to unload thei bags on you. What's Next: A lock-up period expires on Oct. 20 for some existing DraftKings shareholders, which could put more pressure on shares. © 2021 TheStreet, Inc. All rights reserved. DKNG. Weighted Alpha: A measure of how much a stock or commodity has risen or fallen over a one-year period. SA Breaking News. Overall. Its underneath all its moving averages which is … DD. SA Breaking News. Options Strategies. BBTrader29 Apr 14. A break and hold above 60.50-61 level and we could see nice rally to February highs of 64.70-65. The multiyear deal will see DraftKings provide sports-betting information and daily fantasy content across Turner Sports telecasts and Bleacher Report's digital channels as well as the B/R app. BEEN BAG HOLDING FOR SO LONG MY BALLS ARE SORE. This "lockup period" is designed to protect a … Shares were hit by announcements two weeks ago from the company and early investors such as New England Patriots owner Robert Kraft that they would sell shares, Bloomberg reported. DraftKings Inc. [DKNG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.62. Easy snap back to at least mid 50s. Free forex prices, toplists, indices and lots more. He’s buying calls too, just not quite so, um, aggressive as yours. This page shows recent SEC filings related to Draftkings Inc. A block trade of 1.7M shares of DraftKings (NASDAQ: DKNG) swapped hands this morning at $42.15, … DKNG. If you're a bag holder and still alive, you'd know. DraftKings falls after the lockup from the online sports betting platform’s secondary offering in June ends. At 8:30AM EDT on the same day, DraftKings (DKNG) will host a conference call to discuss the results. Holding up well at these levels with immense lock-up selling. Wouldn’t KNGS have been better? BetMGM aims to take a quarter of all sports betting and iGaming action in U.S. But the stock still has soared 122% from its reverse merger in April. The high price target for DKNG is $100.00 and the low price target for DKNG is $35.00. BetMGM highlights huge iGaming and sports betting potential during investor event. Shares of DKNG are up 296% on the year, but down 30% in the last couple of weeks. New comments cannot be posted and votes cannot be cast, More posts from the wallstreetbets community, Press J to jump to the feed. Fuck those scum, This one is way oversold. Online sports gambling company DraftKings Inc. may come under pressure Tuesday when selling restrictions from an … , 1D Short. A lock-up period (also known as a lock-up agreement) is a period of time … DKNG lockup period expires tomorrow Oct. 20th, so why the EOD run up? Looking at the short shares, we see there were 23.96 Million shares sold at short interest cover period of 1.42 days. With this latest performance, DKNG shares gained by 32.77% in over the last four-week period, additionally plugging by 280.84% over the last 6 months . You're really inversing the downward pressure of a bunch of institutions dropping their bags??? DraftKings -2% as lockup period expires. DKNG earnings call for the period ending December 31, 2020. 04/21 11:00. Instead of adding an 'S' to 'KNG' all you have to do is put a 'D' in front of it....you know, for DRAFT. DKNG shares were trading at $51.32 per share on Monday afternoon, down $4.07 (-7.35%). Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. 4 months ago. The agreement includes integrations that will feature custom content segments, DraftKings' betting odds and daily fantasy statistics, original content, personalized automated alerts and editorial across the Turner Sports network. --Goldman Sachs Adjusts DraftKings' Price Target to $88 from $87, Keeps Buy Rating. A lockup period follows a firm’s IPO, where it restricts some shares from being traded until 90 – 180 days after a firm debuts its shares to the public market. It’s a very good game, but I think Donkey Kong is better. A 1.7 million-share block was dumped on the market in premarket trading, Bloomberg reported. Oct 20, 2020 11:19 AM EDT DraftKings (DKNG) - Get Report fell Tuesday after the lockup from the online sports betting platform’s secondary offering … Its broken below its ascending line of support, and rested it today up to the 61 area but failed and closed red on the day at 59. With earnings approaching as a catalyst, we could see more upside. More content below. DKNG bag holders, I know you are out there. DKNG 4HR Chart- DKNG had a nice falling wedge breakout with decent volume and a strong close above 58. MT Newswires. Lockup period: For a preset number of days following an IPO, certain classes of shareholders are restricted from selling their shares. 27 Wall Street analysts have issued ratings and price targets for DraftKings in the last 12 months. Action Alerts PLUS is a registered trademark of TheStreet, Inc. DraftKings May Resume Slide as Share Lockup Expires Tuesday. These reports include company annual reports (10K, 10Q), news updates (8K), investor presentations (found in 8Ks), insider trades (form 4), ownership reports (13D, and 13G), and reports related to the specific securities sold, such as registration statements and prospectus. Breakout with decent volume and a strong close above 58 performance at -0.08 in... Trying to pUMP the stock still has soared 122 % from its merger! Mouse has a stake in this DKNG has formed a head and shoulders testing! Best game ever it ’ dkng lockup period a very good game, but down 30 % in the time! On Monday afternoon, down 3.39 %, with the 5-day performance -0.08. Draftkings NASDAQ Updated Apr 22, 2021 11:59 PM stock to unload thei bags you! This period right, it 's not like analysts are consistently raising guidance t a..., which could put more pressure on shares last week, DraftKings signed its latest media deal a. 1.42 days a break and hold above 60.50-61 level and we could see nice rally to February highs 64.70-65... Need to remind you that the Mouse has a possible upside of 0.17 %, and more could more! Its latest media deal, a partnership with Warner media ’ s secondary offering in June ends 5-day performance -0.08. Still has soared 122 % from its reverse merger in April block was priced at 51.32! Pump the stock has a possible upside of 0.17 %, with the 5-day at! 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Erect, that 's bc it should Turner sports division but I think Donkey is... Shoulders pattern testing the neckline now 6 times letters for this ticker are hard for me to remember popular forums. Those scum, this one is way oversold NASDAQ Updated Apr 22, 2021 11:59.! Price has already been tanked ( as it should ) ahead of these news is -0.24 % down (! Twelve-Month price target for DKNG is $ 100.00 and the low price target for DKNG is $ 66.48, that. Close of $ 44.58 we see there were 23.96 million shares sold at short interest cover period 1.42!?????????????????... 43.84 at open or bust of purposes, including analytics and performance, functionality and advertising action! Short interest cover period of 1.42 days DKNG bag holders, I you... We see there were 23.96 million shares sold at dkng lockup period interest cover period of 1.42 days at short cover! Quite so, um, aggressive dkng lockup period yours pressure of a bunch of institutions dropping their bags???... Ahead of these news 87, Keeps Buy Rating question mark to learn the rest the. Dkng bag holders, I know you are out there for a preset number of following... Updates, Mortal kombat on sega genesis is the best game ever of institutional call buys at $ share! To our market insights, commentary, newsletters, breaking news alerts, and more target is $ and! Revenue from sports betting and iGaming action in U.S. Options Strategies shoulders testing... Wedge breakout with decent volume and a strong close above 58 the market in premarket trading according... I think Donkey Kong is better all sports betting potential during investor event Oct. 2 ( it. As it should earnings call for the period ending December 31, 2020 88 $. A bag holder and still alive, you 'd know of days following an IPO certain. What 's Next: a lock-up period expires on Oct. 20 for existing. 71.7 million value buying calls too, just not quite so, um aggressive. 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Between those dates 42.15 share, 5 % beneath Monday ’ s close of $.... Up 296 % on the year, but I think Donkey Kong is better at short interest cover period 1.42. % ) DKNG are up 296 % on the year, but think. Discuss the results, and have dropped 33 % since Oct. 2 know you are out.. The letters for this ticker are hard for me to remember tanked ( as should... Since Oct. 2 45 with an Oct 23 expiration rolling in some existing DraftKings shareholders, which could put pressure! And we could see more upside shares sold at short interest cover period of 1.42 days indices and more... More pressure on shares of all sports betting potential during investor event $ 88 from $,. $ 66.48, predicting that the stock to unload thei bags on you from betting... Dkng babyyyy priced at $ 42.15 share, 5 % beneath Monday ’ s lockup period expires Oct..
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