What's Up With DraftKings And Penn National Gaming Today?

DraftKings Inc. DKNG and Penn National Gaming, Inc. PENN shares are trading lower as gambling stocks fall for the session amid weakness in Penn National Gaming. Penn shares dipped despite better-than-expected earnings results.DraftKings reports its first-quarter earnings on Friday.

DraftKings Inc is a digital sports entertainment and gaming company. The company provides users with daily fantasy sports (DFS), sports betting, and iGaming opportunities.

DraftKing's stock was trading 10.5% lower at $50.35 at the time of publication. The stock has a 52-week high of $74.38 and a 52-week low of $23.04.

Penn National Gaming Inc is the operator of gaming and racing properties and video gaming terminal ("VGT") operations in the U.S.

Penn National Gaming's stock was trading 11.5% lower at $80.88. The company has a 52-week high of $142.00 and a 52-week low of $15.07.

See also: How to Buy Penn National Gaming (PENN) Stock