Conservative guidance set shares of DraftKings crashing. Investors are worried about the effect of prediction markets on its business.

Cathie Wood's ARK Invest added to Figma (FIG) and trimmed DraftKings (DKNG) on Feb. 19, as part of a broader portfolio reshuffle.ARK funds bought about $24 mill

ARR, ARI and DKNG have been added to the Zacks Rank #5 (Strong Sell) List on February 20th, 2026.

Cumberland Partners Ltd purchased a new position in DraftKings Inc. (NASDAQ: DKNG) in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 25,000 shares of the company's stock, valued at approximately $935,000. Several other large investors also recently added to

CFTC Chair Mike Selig said the agency intends to "defend its exclusive jurisdiction" over prediction markets in a video posted on Tuesday.

DraftKings (DKNG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

DraftKings Inc. reported record financials in Q4, but the focus is on weak 2026 guidance. Revenue growth seems to be slowing down due to a number of factors. Notably, evidence for disruption from prediction markets is mixed. The overall growth story still stands. DKNG's 2026 guidance is conservative and doesn't assume revenues from the prediction market entry.

In the fourth quarter of 2025, the Baron Discovery Fund returned 0.19% (Institutional Shares), trailing the Russell 2000 Growth Index by 1.03%. In these periods, low quality (high debt and poor profitability) and short-term price momentum-oriented stocks outperformed. Exact Sciences Corporation received a buyout offer in the fourth quarter by Abbott Laboratories (ABT) for a price of $105 in cash.

Jason Robins, CEO of DraftKings (DKNG), talks about the ways his company is taking advantage of the rise in prediction markets and how it will benefit into the next NFL season. AI optimization is another step DraftKings is taking, something Jason says will enhance platform experience.

Cibc World Market Inc. lessened its stake in shares of DraftKings Inc. (NASDAQ: DKNG) by 21.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 125,119 shares of the company's stock after selling 34,386 shares during the period. Cibc World Market Inc.'s holdings in