In a regulatory filing, DraftKings disclosed that its CEO Jason Robins sold 483.5K shares of common stock on December 20th as part of option exercise in a total transaction size of $17.1M.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on DKNG:
- Bet On It: ESPN Bet absorbs GGR, but DraftKings does not forsee immediate impact
- Bet On It: DraftKings finds itself in crosshairs of promotional offer lawsuit
- DraftKings targeted by lawsuit over promotional offer, FT says
- DraftKings Launches “Pick6”—A Peer-to-Peer Fantasy Sports Variant
- DraftKings price target raised to $45 from $40 at BofA