Stanton Dodge Sells Shares of DraftKings Inc. $DKNG
Key Points
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Stanton Dodge, Chief Legal Officer at DraftKings Inc. ($DKNG), sold 62,500 shares at an average price of $29.68, for a total transaction of $1.86 million. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
DraftKings Inc. Stock Up 15.6%
Shares of DraftKings Inc. ($DKNG) traded around $29.21 on Saturday, up 15.6% for the day.
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About DraftKings Inc.
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
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