DraftKings shares have more than doubled so far this year, but UBS analyst Robin Farley thinks they can surge another 45%.
DraftKings Inc. shares have more than doubled so far this year, but UBS analyst Robin Farley thinks they can surge another 45%.
One catalyst for the company is the upcoming National Football League season, as Farley notes that DraftKings DKNG, +2.71% wasn’t operational last NFL season in Massachusetts and several other states where it now has a presence. “The point is that if $45 [million] in marketing on ESPN yielded less than 5% of new players for a market share player in the 30-40% range, then Penn’s $150 [million] marketing spend on ESPN wouldn’t necessarily get to market share out of the single-digit range,” she added.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
DraftKings Promo Code Offers New Users $150 in Bonus Bets for NFL Preseason Week 2Sign up to DraftKings today for their can't-miss bet $5, get $150 promo.
Weiterlesen »
DraftKings Promo Code: Get $5, Get $150 for UFC 292Sign up to DraftKings today for their can't-miss bet $5, get $150 for UFC 292: Sterling vs. O'Malley.
Weiterlesen »
The 2025 Ford Mustang GTD Is CEO Jim Farley's Ultimate Porsche-Rivaling Dream CarThe new ultimate street Mustang's story goes back almost a decade, and led to the iconic reintroduction of the Ford GT along the way.
Weiterlesen »
DraftKings Promo Code Gets You $150 for Phillies vs Nationals If You Bet $5Sign up to DraftKings today for their can't-miss bet $5, get $
Weiterlesen »
DraftKings Promo Code: Bet $5, Get $150 for Saints vs. ChargersJoin DraftKings now to take advantage of their irresistible offer: bet $5 and receive $150 in return. If you're a new customer, all you need to do is place a $5 bet on tonight's NFL Preseason matchup, and you'll receive $150 in bonus bets, regardless of the game's outcome.
Weiterlesen »
New DraftKings Promo Code: Bet $5, Get $200 for Ravens vs CommandersSign up to DraftKings today for their can't-miss bet $5, get $200 offer. When you wager $5 on Ravens vs. Commanders, you get $200 bonus bets, win or lose!
Weiterlesen »