DraftKings (DKNG) shares tumble on report users were hacked

DraftKings (NASDAQ: DKNG) shares are down sharply Monday after a report that users were hacked and accounts were cashed out.

Action Network provided details of three DraftKings users who were hacked on Sunday evening, with all noticing unusual transactions, resulting in them alerting the company.

The report states that when one user tried to contact DK_Assist on Twitter, at least one of the replies seemed to be from a hacker, telling people how to do it, stating, "free money!"

On Sunday, that same handle tweeted: "We are aware of reports of customers having issues with their accounts, and we are investigating. If any customers are having issues with their accounts, please contact Customer Experience Team at [email protected]."

DraftKings shares are down almost 8% so far Monday, trading around the $13.87 mark. After the reports emerged, the stock hit a low of $13.37 per share.

Action Network said a DraftKings representative acknowledged the situation but could not immediately comment.

By Sam Boughedda

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