DraftKings (DKNG) shares tumble on report users were hacked

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DraftKings (DKNG) Says Some Accounts Impacted by Irregular Activity, Says No Evidence Its Systems Were Breached

November 21, 2022 2:06 PM EST

(Updated - November 21, 2022 2:09 PM EST)

DraftKings (NASDAQ: DKNG) Says Some Accounts Impacted by Irregular Activity, Says No Evidence Its Systems Were Breached

Says Less Than $300,000 Of Customer Funds Impacted by Irregular ActivityIntends to Make Whole Any Customer Impacted

Statement: pic.twitter.com/HsK9Rb0OZ3

DraftKings News (@DraftKingsNews) November 21, 2022

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DraftKings (DKNG) now down 7% on reports of hack, and stolen client money

November 21, 2022 10:47 AM EST

DraftKings (NASDAQ: DKNG) now down 7% on reports of hack, and stolen client money.

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DraftKings (DKNG) lower on report users were hacked and accounts were "cashed out"

November 21, 2022 10:40 AM EST

DraftKings (NASDAQ: DKNG) ticks lower on a headline from Action Network that users were hacked and accounts were "cashed out." (LINK)

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Piper Sandler recommends owning DraftKings for online sports betting growth exposure

November 18, 2022 1:08 PM EST

Piper Sandler analyst Matt Farrell initiated DraftKings (NASDAQ: DKNG) at Overweight with a $21 per share price target in a research note Friday.

Farrell labeled DraftKings as the leader in the online sports betting market "with a growing presence in iGaming, which combined represent an $80 billion TAM between the United States and Canada."

"With... More