Diamonds and Dogs

1/7/22

New Yorkers get ready to gamble. DraftKings (DKNG) is up 3% ahead of tomorrow's NY mobile and online sports betting launch. DraftKings will now be in 18 states and have access to millions of New Yorkers who couldn't cross the state line to make bets.

Starbucks (SBUX) struggles to find enough employees while keeping the current employees happy. Starbucks is down 2% on a downgrade as the company has temporarily closed or limited hours for a number of stores due to a lack of workers while unionized workers in New York have walked out due to safety concerns due in part to exposure to COVID-19.

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