Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1674
    +0.0017 (+0.15%)
     

  • GBP/USD

    1.2481
    -0.0030 (-0.24%)
     

  • Bitcoin GBP

    50,935.06
    -496.63 (-0.97%)
     

  • CMC Crypto 200

    1,323.36
    -73.17 (-5.24%)
     

  • S&P 500

    5,103.18
    +54.76 (+1.08%)
     

  • DOW

    38,253.01
    +167.21 (+0.44%)
     

  • CRUDE OIL

    84.06
    +0.49 (+0.59%)
     

  • GOLD FUTURES

    2,349.50
    +7.00 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

DraftKings stock jumps after Morgan Stanley upgrades shares

Yahoo Finance Video

Yahoo Finance's Brad Smith reports on how DraftKings stock is surging after Morgan Stanley upgraded its rating of the company on the outlook for sports betting amid the NFL playoffs.

Video transcript

BRAD SMITH: And everyone, we want to get you one of the trending tickers that we're watching today. Shares of DraftKings, DKNG, they are moving on up. And that is up by about 13.6% today. That is on an upgrade from Morgan Stanley. They're looking for the stock to rebound 60% here.

Now, what's noteworthy is you've got even more viewership that's even taking place across sports, especially football here. CBS just coming out yesterday and saying that they're averaging 35.8 million viewers for playoff games this season. The significance there? Perhaps you have more sports bettors that are tuning in very intently to some of these games. So we're going to be keeping a close eye on shares of DKNG as we move on throughout the rest of today's trading session, for sure.