Analyst calls: All the market-moving Wall Street chatter from Thursday
Some of the biggest calls on Thursday involved a banking giant and a red hot insurance stock.
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Some of the biggest calls on Thursday involved a banking giant and a red hot insurance stock.
Chipmakers were in focus among analyst chatter early Friday.
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Shares of the gaming company jumped more than 7% on the news. Should you buy DKNG stock on the bounce? Shares of the daily fantasy sports contest and betting operator DraftKings Inc. (NASDAQ:DKNG) on Monday gained 7.24% after news emerged that it showed interest in acquiring WarnerMedia’s sports media property, Bleacher Report. Reports also indicate that Discovery Communications Inc. (NASDAQ:DISCA) backed Group Nine Media had shown interest in the sports news platform. Why DraftKings buying Bleacher Report is exciting DraftKings’ interest in Bleacher Report may have seemed unrealistic las...
DraftKings Inc (NASDAQ:DKNG) slammed into resistance Tuesday morning after reversing a months-long downtrend. Bullish sentiment has waned in the online sports betting sector and DraftKings lost 46% of its value before making a bullish break upwards on May 14. Early on Tuesday, it was reported Cathie Wood-led Ark Fintech Innovation ETF (NYSE:ARKF) purchased 130,400 shares of DraftKings for approximately $6.24 million. DraftKings’ stock opened 2.68% higher on Tuesday following the news but retraced slightly amid overall market weakness. The DraftKings Chart: On Monday DraftKings managed to r...