Stocks expected to have increasing option volume: DKNG LLY COP EBAY WBD
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Shares of DraftKings (DKNG) Trade Up Following Strong 2Q Report
August 5, 2022 1:33 PM EDTShares of DraftKings Inc. (NASDAQ: DKNG) are up more than 12% in mid-day trading Friday after the company reported 2Q results and offered forward-looking commentary during the earnings call.
The sports betting company reported 2Q revenue of $466 million, an increase of 57% compared to $298 million during the same period in 2021. Both revenue and Adjusted EBITDA outperformed the midpoints of their respective guidance ranges... More
