DraftKings Trading Volume Plummets 47.54% to 493rd Rank Despite Bullish Analyst Ratings

On July 18, 2025, DraftKings (DKNG) experienced a significant decline in trading volume, with a total of $206 million in shares traded, marking a 47.54% decrease from the previous day. This drop placed DraftKings at the 493rd position in terms of trading volume for the day. The stock price of DraftKings also decreased by 0.50%.

Barclays has increased its price target for DraftKings from $48.00 to $51.00, reflecting a positive outlook on the company's future performance. The adjustment was made by analyst Brandt Montour, who also maintained an Overweight rating on the stock. This move indicates that Barclays expects DraftKings to continue to perform well in the market.

Mizuho has reiterated its Outperform rating and $58.00 price target for DraftKings, citing the company's recent developments and strong market position. This reiteration suggests that Mizuho remains bullish on DraftKings' prospects and believes that the stock has the potential for further growth.