Most investors weren't swayed by its second-quarter report. After more than a year's worth of unrewarded growth, they should have been.

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Shares of DraftKings Inc (NASDAQ:DKNG) and Flutter Entertainment (NYSE:FLUT) are trading lower Tuesday after Robinhood Markets Inc (NASDAQ:HOOD) announced the launch of pro and college football prediction markets.

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Bearish flow noted in DraftKings (DKNG) with 21,609 puts trading, or 1.5x expected. Most active are 8/22 weekly 45 puts and 9/12 weekly 39 puts,

The Missouri Gaming Commission has announced its selection of the companies that will receive for the state's direct mobile sports betting licenses.

What Happened? A number of stocks fell in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week.

Jamie's top DraftKings and FanDuel MLB DFS picks for today, Tuesday, 8/19/25. His favorite daily fantasy baseball lineup sleepers and value picks for DFS on DraftKings and FanDuel.