DraftKings Shares Surge 10% Following May Volume Spike

Investors pushed DraftKings shares up 10% on Tuesday, driving the stock to $27.28, as the company reported a sharp acceleration in activity across its nascent predictions platform. The sudden market rally puts the stock on track for its strongest single-day performance since April 2025.

June 9, 2026, 06:57 PM 0 0

The company’s predictions offering saw annualized consumer volume climb 24% month-over-month, reaching $1.3 billion during May. Beyond the specific predictions sector, the platform’s broader annualized total traded volume grew 34% compared to April, hitting $3.1 billion. This growth trajectory underscores rapid adoption for the product, which only entered the market in December 2025.

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