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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