Bullishcharts

$DKNG Draftking insiders fuel 30% decline.

NASDAQ:DKNG   DraftKings Inc.

Selling continues and the stock is now down 30% from its highs.
Insiders have dumped millions of shares in recent days to
compound the misery on retail traders.
The 50ma will be touched on Friday in conjunction with the
June Pivot Point, if that fails to ignite a recovery the Fibonacci Gp at
$41.00 is in play.

INSIDER SALES
MURRAY STEVEN JOSEPH Director Oct 09 Sale 50.83 1,545,924 78,579,317
Meckenzie Shalom Director Oct 09 Sale 50.83 6,949,088 353,222,143
Nada Hany M Director Oct 09 Sale 50.83 946,712 48,121,371
Salter John S. Director Oct 09 Sale 50.83 4,972,572 252,755,835
Moore Ryan R Director Oct 09 Sale 50.83 1,000,000 50,830,000

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.