DraftKings Shares Jump on May Volume Gains in Predictions Platform

Dow Jones06-09 23:16

By Doc Louallen

DraftKings said operating activity accelerated in May, with annualized consumer volume in its predictions offering rising 24% month over month to $1.3 billion.

Shares were recently up 10% at $27.28. The stock is on pace for its biggest one-day percentage increase since April 2025, when it rose 12.39%.

The platform's May annualized total traded volume surged 34% over April levels, reaching $3.1 billion.

DraftKings launched their prediction markets platform in December 2025.

Write to Doc Louallen at Doc.louallen@wsj.com

(END) Dow Jones Newswires

June 09, 2026 11:16 ET (15:16 GMT)

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