Barstool Sports

Goldman Sachs shared takes on Caesars Entertainment Corporation (NASDAQ: CZR) and MGM Resorts International (NASDAQ: MGM) Monday. Here's why the firm is neutral on Caesars and turning bearish on MGM.  The Casinos Analyst: Stephen Grambling initiated coverage of Caesars...

Roundhill Investment founders Tim Maloney and Will Hershey recently sized up the sports betting market. BETZ ETF: The Roundhill Sports Betting & iGaming ETF (NYSE: BETZ) currently holds 37 different stocks. PointsBet, William Hill, DraftKings Inc. (NASDAQ: DKNG) and Penn National...

A Penn National Gaming (NASDAQ: PENN) analyst has issued a Street-high price target and laid out a case for shares of the sports betting stock to hit $300 if everything goes perfect. The Penn Analyst: Rosenblatt Securities analyst Bernie McTernan initiated coverage of Penn National with a Buy...

CbdMD Inc. (NYSE: YCBD) has signed a multi-year retail distribution agreement with health club chain Life Time Inc. (LT).  CbdMD’s cannabidiol products will be available for sale in Life Time's physical locations as well as its online store. The original idea was to wait a few...

DraftKings (NASDAQ: DKNG) has brought in six-time NBA champion and five-time NBA MVP Michael Jordan as a special advisor to the board of directors. What Happened: DraftKings announced the Jordan news on Wednesday morning. “Michael Jordan is among the most important figures in sports and...

Barstool Sports Founder and President Dave Portnoy took to Twitter on Tuesday morning to defend the share price of Penn National Gaming (NASDAQ: PENN). Earlier this year, Penn National bought a 36% stake in Barstool Sports and has enjoyed a new loyal following thanks to Portnoy and Barstool's...

After impressive 2020 share gains by the sports betting stocks, Morgan Stanley is downgrading shares of Draftkings Inc (NASDAQ: DKNG) and Penn National Gaming, Inc. (NASDAQ: PENN). The Analyst: Morgan Stanley analyst Thomas Allen downgrades DraftKings with a price target of $37. Allen...

Penn National Gaming, Inc (NASDAQ: PENN) shares were rallying strongly Thursday following positive sell-side comments. The Penn National Analyst: Goldman Sachs analyst Stephen Grambling initiated coverage of Penn National with a Buy rating and 12-month price target of $60, suggesting 20%...

Shares of sports betting company DraftKings (NASDAQ: DKNG) have been on fire since their April listing via a reverse merger. Penn National (NASDAQ: PENN) is a leader in regional casinos, with 41 in 19 states, but sees much of its growth coming from mobile and online sports...

Every week, Benzinga runs a survey on the site to collect sentiment on what traders are most excited about and interested in when it comes to managing and building out their personal portfolios. Who would investors trust more with their investment portfolio: Barstool Sports founder David Portnoy or...

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...

Americans staying at home during the coronavirus pandemic are picking up skills to keep them busy, from baking banana bread to practicing viral TikTok dances — and learning how to trade.  Robinhood’s Quarantine Surge: Many young traders are turning to millennial-friendly services...

Dave Portnoy spurred a new generation of retail traders, but the Barstool Sports founder said Monday on CNBC's "Fast Money" he can't be responsible for the actions of others. 'Barstooling It': The rise in retail trading activity is in part due to Portnoy branding himself...

Dave Portnoy, the founder of the hugely popular sports and pop culture website Barstool Sports, has turned his attention to the stock market since the cancellation of major sporting events. Portnoy has had success up to this point with his somewhat tongue-in-cheek daily “Davey Day...

After months without live sports, it looks as though America’s favorite pastimes are on the cusp of returning. Reports indicate the MLB is on pace to return sooner rather than later, while the NHL and NBA have also submitted plans to resume their playoffs this summer. Financially, the...