DraftKings Stock Soars to Record High After Exclusive Content Deal With ESPN

Sports betting company will integrate its products within ESPN and produce fantasy sports content

DraftKings saw a huge bump in its stock price on Monday following its exclusive content and marketing deal with ESPN, which was announced Monday morning.

The sports gambling company saw shares of its stock price soar as high as 12% in mid-day trading on the NASDAQ, reaching a new record of $46.95 a share, though it has since come down slightly.

Become a member to read more.

Tim Baysinger

TV reporter • tim.baysinger@thewrap.com • Twitter: @tim_bays