What is the market cap of DraftKings?

When DraftKings went public in April 2020, it indicated that it had roughly 336 million shares outstanding. The company's stock price was around $20 at the time of the SPAC IPO. Therefore, the market cap was $6.5 billion (336 million shares multiplied by the $19.35 share price).

What is DraftKings'market cap?

When DraftKings went public in April 2020, it indicated that it had roughly 336 million shares outstanding. The company's stock price was around $20 at the time of the SPAC IPO. Therefore, the market cap was $6.5 billion (336 million shares multiplied by the $19.35 share price). Things changed quickly.

What is the price target for DraftKings stock?

The website home screen for DraftKings is displayed on a laptop computer. DraftKings is expected to report earnings results around Feb. 26. An analyst at Benchmark has raised his bar. Analyst Mike Hickey increased his price target for DraftKings stock (ticker: DKNG) to $66 from $60 in a note on Sunday.