Draftkings is a digital sports entertainment and gaming company. Co. provides daily fantasy sports (DFS), sports betting and online casino opportunities, as well as media and other online consumer product offerings and Co. is also involved in the design, development, and licensing of sports betting and casino gaming software for online and retail sportsbook and casino gaming products. Co. has two business segments: its business-to-consumer business (B2C) and its business-to-business business. Co.'s B2C segment also provides non-fungible tokens on DraftKings Marketplace and advertising and sponsorship packages to targeted advertisers across its DFS product offerings, free games and content. The DKNG YTD return is shown above.
The YTD Return on the DKNG YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether DKNG YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the DKNG YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
|