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NASDAQ: DKNG
DraftKings (DKNG) stock, explained like you're 5
DraftKings trades on the Nasdaq under the ticker DKNG. It is a mid cap company in the services misc. amusement & recreation industry, part of the consumer cyclical sector, with a market value of about 9.7 billion dollars.
- Ticker
- DKNG
- Exchange
- Nasdaq
- Sector
- Consumer Cyclical
- Industry
- Services Misc. Amusement & Recreation
- Size
- Mid cap, about 9.7 billion dollars
Is DraftKings a small, medium or large cap company?
No. DraftKings is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 9.7 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How DraftKings makes money
- Selling products and services people buy when they feel confident, like cars, travel, shopping and dining.
- Online and in store sales.
- Memberships, financing and services around the main product.
What moves DKNG stock
- How confident shoppers feel and how much they spend.
- Interest rates, which affect big purchases.
- Prices, costs and competition.
In the news lately
- DraftKings Is Down 44% in 2026: Is DKNG Stock Dead Money or Due for a Bounce? (Yahoo Finance)
- DraftKings Stock Hit by NBA Betting Crackdown (Barron's)
- DKNG Stock Slips After Hours As Q2 Earnings Disappoint CEO Says Predictions Growing Faster Than Expected, Ready To Win NFL Season (Stocktwits)
- DraftKings Is Down 44% in 2026: Is DKNG Stock Dead Money or Due for a Bounce? (24/7 Wall St.)
- Is DraftKings Stock A Buy Today As Prediction Markets Grow? (Trefis)
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Questions about DraftKings stock
What does DraftKings do?
DraftKings trades on the Nasdaq under the ticker DKNG. It is a mid cap company in the services misc. amusement & recreation industry, part of the consumer cyclical sector, with a market value of about 9.7 billion dollars.
What is the ticker symbol for DraftKings?
DraftKings trades under the ticker DKNG on the Nasdaq.
What is DraftKings's market cap?
DraftKings is a mid cap stock with a market cap of about 9.7 billion dollars.
How does DraftKings make money?
Selling products and services people buy when they feel confident, like cars, travel, shopping and dining. Online and in store sales. Memberships, financing and services around the main product.
What moves DKNG stock?
How confident shoppers feel and how much they spend. Interest rates, which affect big purchases. Prices, costs and competition.
How can I follow DKNG stock every day?
Add DKNG to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.