Is this the real life?... Is this just fantasy (sports)? DraftKings stock soared 32% last week, notching an all-time high on news of an ESPN deal. DraftKings' sportsbook and fantasy offerings will be integrated as links on ESPN's website. The sports betting app will also get promoted on ESPN studio shows and segments. The stock is up 52% this month as live sports roar back to life (minus fan-filled stadiums).
No flake zone... Investors showed up big after Snowflake went public last week. The adorably-named cloud data management company (not as cute) had the biggest software IPO ever. Snowflake stock more than doubled in value on its 1st trading day. VIP institutional investors bought shares at the IPO price of $120. By the time Snowflake hit the market, it was trading at $245 — retail investors like us missed out on the big jump.