- Draftkings Inc (NASDAQ:DKNG) has signed a deal with the American professional football team, Baltimore Ravens, to be the Official Daily Fantasy Sports Partner and an Official Sports Betting and Free-to-Play Partner of the team.
- The deal marks DraftKings’ fifth active strategic agreement with an NFL team and as its first partner in the state of Maryland.
- The new deal will feature DraftKings branding and custom content as part of the Baltimore Ravens’ weekly podcast, “The Lounge.”
- DraftKings branding will be visible throughout M&T Bank Stadium as part of the collaboration.
- Price Action: DKNG shares are trading higher by 3.29% at $52.79 on the last check Wednesday.
Redburn Partners Upgrades Monster Beverage to Buy, Announces $120 Price Target
Redburn Partners analyst Charlie Higgs upgrades Monster Beverage (NASDAQ:MNST) from Neutral to Buy and announces $120 price target.