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

Generated by AI AgentAinvest Volume Radar
Friday, Jul 18, 2025 6:02 pm ET1min read
DKNG--
Aime RobotAime Summary

- DraftKings' trading volume dropped 47.54% on July 18, 2025, ranking 493rd with $206M traded, as its stock fell 0.5%.

- Barclays raised its price target to $51 from $48, maintaining an Overweight rating, signaling optimism about DraftKings' future performance.

- Mizuho reiterated an Outperform rating and $58 target, citing strong market position and recent developments, reinforcing bullish sentiment.

- Despite the sharp volume decline, analyst upgrades highlight confidence in DraftKings' long-term growth potential amid market volatility.

On July 18, 2025, DraftKingsDKNG-- (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 BarclaysBCS-- 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 MizuhoMFG-- remains bullish on DraftKings' prospects and believes that the stock has the potential for further growth.

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