Diamonds and Dogs

12/30/21

DraftKings (DKNG) bouncing today. The online betting stock is down over 50% in the last four months but is getting an end of the year bounce today up 7%. In 2022, DraftKings will be live in New York. The company is also planning to launch gamified NFT collections with the National Football League Players Association (NFLPA).

Easy come, easy go. Biotech, Biogen (BIIB) is down 8% after rallying 8% yesterday on rumors that South Korean technology company, Samsung was in talks to acquire Biogen. The rumor didn't make a lot of sense and this morning a Samsung spokesperson told Barron's in an emailed statement that the report was groundless.

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