DraftKings Inc

NASDAQ DKNG

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DraftKings Inc Exchange Rate Adjustment 5 year CAGR for the quarter ending September 19, 2024

DraftKings Inc Exchange Rate Adjustment 5 year CAGR is NA for the quarter ending September 19, 2024. Exchange Rate Adjustment reflects the impact of changes in foreign exchange rates on a company's cash balance when converting from one currency to another. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
NASDAQ: DKNG

DraftKings Inc

CEO Mr. Jason D. Robins
IPO Date April 24, 2020
Location United States
Headquarters 222 Berkeley Street, Boston, MA, United States, 02116
Employees 4,400
Sector Consumer Cyclical
Industry Gambling
Description

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. In addition, it offers DraftKings marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions. The company is headquartered in Boston, Massachusetts.

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StockViz Staff

September 19, 2024

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