Feed / DKNG

DraftKings Inc.

DKNG

Consumer Cyclical · 26.16 +4.6% today

Partial group confirmationMarket checked 21 Aug, 15:55 GMT-4

Jodie situation report

DraftKings Inc.'s move is spreading beyond its market group.

DKNG accounts for 18.4% of the group's measured movement across 6.0 effective names. raw member direction is mixed; 0 of 12 SPY-adjusted paths align to the mixed. Capital-flow agreement is 15%, so confirmation is not yet clean. No verified headline preceded the measured group move.

MOVE ANATOMY

Is this move genuinely shared?

SPY-adjusted 5m paths
Role in the moveIndependent mover#2 of 12 by movement share
Group movement share18.4%Absolute path energy—not portfolio weight
Relative path+1.64%mixed
Effective breadth6.0 / 12broad
Relative alignment0/12mixed path · 0 counter-moving
Capital-flow agreement15%not yet clean
SEQUENCE READ

EXPE, ALRM, CARG moved materially before DKNG. DKNG crossed its material path threshold at 15:30 ET, 110 minutes after the first measured mover. DASH, ABNB followed.

What changed
  • Revenue decreased 4.6% versus the comparable filing period.
EVIDENCE COVERAGE

17 of 31 members in Internet Retail & Services are active. 0 of 5 disclosed connections are confirming.

What would change this read
  • At least 21 of 31 members remain active in the next snapshot.
  • Capital-flow agreement rises above 55%.
  • CPAY remains aligned with the group in the next market snapshot.

Invalidation: The live read weakens if participation falls to 10 of 31 members or fewer.

Watch this read

Who this business touches

The relationships behind DKNG

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

MSMorgan StanleylenderMay 8, 2026 ▾

“In November 2024, we and certain of our subsidiaries entered into a credit agreement (the “Credit Agreement”) with various financial institutions, as lenders, and Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent, providing for…”

Depended on by

DISWalt Disney Company (The)partnerNov 13, 2025 ▾

“In November 2025, this agreement was terminated effective December 1, 2025, and ESPN entered into a promotional services agreement with DraftKings Inc., under which DraftKings Inc.”

Filing peers

SNAPMOCLVT

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

DKNG is currently a Participant in the organic co-movement group Internet Retail & Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.