Score Media gains after report of DraftKings interest
Score Media and Gaming (SCR) up 6% partly after speculation that it could be a potential target for DraftKings (NASDAQ:DKNG).
DraftKings is considering a range of potential acquisitions including a handful of companies in sports, media and online poker, The Insider reported, citing unidentified industry sources.
Other rumored targets for DrafKings include John Skipper and Dan Le Batard's Meadowlark Media venture, the X Games and a poker company Run It Once.
DraftKing didn't confirm or deny that any conversations were taking place to the Insider.
DraftKings gained 9.8% today after the company turned heads with quick guidance raise on Friday.
Recall Feb. 26, DraftKings higher after lifting revenue guidance.
Recall Feb. 25, Online sports betting firm Score Media's stock pops on first day following upsized $162M IPO.