GNOG Golden Nugget Online Gaming Inc - Ordinary Shares - Class A
26,339
$10.14
$4.36
(75.43%)
| Market Cap | $270.96M |
| Volume (M) | 2,146.00 |
| 52-Wk High | $23.24 |
| 52-Wk Low | $4.77 |
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Why DraftKings Stock Was a Good Bet This WeekFool.com Headlines • over 1 year ago
The company is the proud new owner of a complementary online gambling business.There's nothing like the close of a long-simmering acquisition for the health of a stock. So it was this week with online sports betting specialist DraftKings (NASDAQ: DKNG), whose share price was up by nearly 6% week to ...
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- DraftKings has completed its purchase of Golden Nugget Online Gaming for $1.56 billion
in the company's latest move to boost revenue and lower costs. "We anticipate that
this acquisition will provide meaningful revenue uplift by utilizing our data-driven
marketing capabilities and a dual brand iGaming strategy, gross margin improvement
opportunities, and cost savings across external marketing and SG&A," DraftKings
CEO Jason Robins said in a statement.
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- DraftKings has completed its purchase of Golden Nugget Online Gaming for $1.56 billion
in the company's latest move to boost revenue and lower costs. "We anticipate that
this acquisition will provide meaningful revenue uplift by utilizing our data-driven
marketing capabilities and a dual brand iGaming strategy, gross margin improvement
opportunities, and cost savings across external marketing and SG&A," DraftKings
CEO Jason Robins said in a statement.
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- Commonwealth Equity Services LLC trimmed its holdings in Golden Nugget Online Gaming,
Inc. (NASDAQ:GNOG Get Rating) by 21.7% in the fourth quarter, HoldingsChannel reports.
The fund owned 14,620 shares of the companys stock after selling 4,050 shares during
the period. Commonwealth ...
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- New York State Common Retirement Fund lifted its holdings in Golden Nugget Online
Gaming, Inc. (NASDAQ:GNOG Get Rating) by 26.9% in the fourth quarter, according
to the company in its most recent disclosure with the Securities Exchange Commission.
The firm owned 28,932 shares of the ...
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- Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Golden Nugget
Online Gaming, Inc. (NASDAQ:GNOG Get Rating) during the 4th quarter, according to
the company in its most recent filing with the SEC. The institutional investor purchased
11,989 shares of the companys stock, valued at...
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- Qube Research Technologies Ltd reduced its position in Golden Nugget Online Gaming,
Inc. (NASDAQ:GNOG Get Rating) by 28.0% during the fourth quarter, Holdings Channel.com
reports. The firm owned 27,843 shares of the companys stock after selling 10,849
shares during the quarter...
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- 'The mobile sports betting company has many plans in the pipeline.From building
a social community to a video content platform, DraftKings (NASDAQ: DKNG) is looking
long-term with many projects in the works. In this clip from "IPO & SPAC Show" on
Motley Fool Live, recorded on April 11, Motley Fool ...'
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- Analysts forecast that Golden Nugget Online Gaming, Inc. (NASDAQ:GNOG Get Rating)
will post ($0.19) earnings per share for the current fiscal quarter, Zacks reports.
Zero analysts have made estimates for Golden Nugget Online Gamings earnings, with
the lowest EPS estimate coming in at...
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- InvestorPlace - Stock Market News, Stock Advice & Trading Tips
- GNOG stock is in focus as investors speculate that DraftKings could announce news
about its takeover of the company on May 6.
- The post Why Is Golden Nugget (GNOG) Stock on Watch Ahead of May 6? appeared first
on InvestorPlace...
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Latest GNOG News
Why DraftKings Stock Was a Good Bet This Week
Fool.com Headlines • over 1 year ago
The Margin: DraftKings CEO: Golden Nugget purchase could provide 'meaningful revenue uplift'
MarketWatch.com • over 1 year ago
The Margin: DraftKings CEO: Golden Nugget purchase could provide 'meaningful revenue uplift'
MarketWatch.com - Top Stories • over 1 year ago