Wall Street is still bullish on sports betting stocks ahead of NFL season despite mixed results

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

Investment Strategy News

Markets,Rush Street Interactive Inc,Roundhill Sports Betting & Igaming ETF

The NFL season has historically been a positive time for at least one leading sportsbook stock.

The start of the NFL season presents a new chance for fans to dream about a Super Bowl run, and for investors in sports gambling stocks to hope for a big rally. Sports betting has become a regular presence in broadcasts and advertising, but that doesn't mean the stocks tied to those companies are booming. DraftKings , which is arguably the most representative stock of the U.S. online betting industry, was down 2.8% year to date entering Thursday.

Wells Fargo says liquefied natural gas market will grow as supply boom drives prices lower. Stocks to play the trend

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia stock slips even after earnings top Wall Street estimates, demand for AI chips surgesNvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.
Source: KTVU - 🏆 465. / 53 Read more »

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surgesNvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to tra…
Source: denverpost - 🏆 13. / 72 Read more »

Nvidia stock slips despite 2Q earnings topping Wall Street estimates, high AI chip demandNvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia's place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.
Source: KPIXtv - 🏆 443. / 53 Read more »

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surgeNvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to tra…
Source: denverpost - 🏆 13. / 72 Read more »

Stock futures are little changed as Wall Street looks toward Nvidia earnings: Live updatesStocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.
Source: nbcchicago - 🏆 545. / 51 Read more »