DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number-two or -three revenue share position across states where it competes.
| Primary exchange (MIC) | XNAS |
|---|---|
| Listed since | 2020-04-24 |
| Market capitalization | $9.3 billion |
| Shares outstanding | 498,291,090 |
| Employees | 5,500 |
| Headquarters | BOSTON, MA, US |
| Website | www.draftkings.com |
DKNG has traded between $17.74 and $18.75 in the current session, a range of $1.01. The latest price of $18.63 sits near the top of that range (88% of the way from low to high). It opened at $17.79, a gap down of 4.89% from the prior close of $18.70. The volume-weighted average price is $18.50, and the stock is trading above it. Traders often use VWAP as a gauge of whether buyers or sellers have had the better average entry today.
| Open | $17.79 |
|---|---|
| High | $18.75 |
| Low | $17.74 |
| Previous close | $18.70 |
| Volume | 24,770,915 |
| VWAP | $18.50 |
StockMarketLoop's Market Position model estimates how the shares traded between 2026-08-12 and 2026-11-10 were bought. Its estimate of the average cost basis is $20.57; at $18.63 the stock trades 9.4% below that level. About 22.0% of those shares are estimated to be held at a profit at the current price. A low figure means most recent buyers are underwater, so rallies can meet selling from holders trying to get back to break even. The densest nearby clusters of cost basis sit around $18.48 (support) and $18.82 (resistance). Roughly 70% of the estimated cost basis lies between $18.23 and $23.44, and 90% between $17.22 and $24.78.
This is a model estimate built from price and volume history, not a record of actual positions.
Quote figures come from StockMarketLoop's market data feed and may be delayed; the timestamp in the summary above shows when they were observed. Company details come from public reference data. The cost-basis section is a statistical model, not a forecast. Nothing here is investment advice; see our financial disclaimer and editorial policy.