DraftKings stock jumps after deal with Churchill Downs to launch horse race betting app ahead of the Kentucky Derby

Summarized by: Live Sports Direct
 
DraftKings stock jumps after deal with Churchill Downs to launch horse race betting app ahead of the Kentucky Derby

DraftKings and Churchill Downs have a multi-year agreement to launch a horse race betting app. DraftKings stock jumped 2.3% in premarket trading Tuesday. Churchhill Downs stock was inactive in the pre market. Draft Kings stock has tumbled 47.2% year to date and the S&P 500 SPX has shed 16.8%.


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