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COURT-RULING ·Filed Aug 28, 2026

DKNG

DraftKings Inc.
NEUTRAL
Impact 1/10
Horizonimmediate Processed2mo ago CourtCourt Ruling · govinfo.gov
Court ruling (district)
Actionable Insight • Neutral

This is a routine administrative step in ongoing litigation. Monitor the docket for substantive rulings on motions to dismiss, class certification, or summary judgment, which would have material implications.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d ⚠ clustered
DKNG ▼ -19.35% at T+20d
NEUTRAL call -19.35% · α vs SPY -19.23% · entry $24.29 → $19.59
Next anchor: T+60d in 28d
Latest observation: T+38 -6.41% FF3 residual α
Entry = T+0 close
Aug 31, 2026
via day close
T+1d
-3.50%
call -3.50% · α -2.81%
$23.44
settled 8w ago
T+5d
-1.73%
call -1.73% · α -1.59%
$23.87
settled 7w ago
T+20d
-19.35%
call -19.35% · α -19.23%
$19.59
settled 28d ago
T+60d
Pending
in 28d

Price Chart

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Executive Summary

This filing is a routine pro hac vice attorney admission order in the case Zhicheng Zhen et al v. DraftKings, Inc. It grants an out-of-state attorney permission to appear in the Northern District of California. The order is purely procedural and has no substantive impact on the merits of the litigation or DraftKings' business operations.

Court Ruling Details

Ruling Date
Aug 28, 2026
Court
United States District Court for the Northern District of California
Court Level
District
Case Type
other
Ruling Type
other
Precedent Risk
LOW

Key Facts

  • The order grants pro hac vice admission for attorney Robert Devling to appear in Zhicheng Zhen et al v. DraftKings, Inc.
  • The ruling is a standard procedural order with no substantive legal or financial implications.
  • No damages, injunctions, or liability determinations were made.

Financial Impact

None — no financial impact from this procedural order.

Risk Factors

  • No new risks identified from this procedural filing.

Investment Themes

Documents Analyzed

This report is based on 1 court opinion.

DocumentAccession Number
COURT-RULING Data (Synthetic)court-13d4badaa0-DKNG
29 reports for DKNG
Performance horizon
71% Hit rate @ T+20 5 of 7 directional calls Went positive at some point 6 of 8 best @ T+60▲ +18.87%Mar 30, 2026
Filters
Rows
Reports for DKNG — sortable, filterable
TypeNow
Oct 23, 2026
4d ago
Court Ruling
NEUTRAL ★ 2/10
$20.90awaiting T+20—$20.31 (−2.82%)
Oct 16, 2026
10d ago
Institutional Cluster
BEARISH ★ 4/10
$19.77awaiting T+20—$20.31 (−2.71%)
Oct 9, 2026
18d ago
Court Ruling
NEUTRAL ★ 3/10
$19.66awaiting T+20—$20.31 (+3.28%)
Sep 30, 2026
27d ago
Court Ruling
NEUTRAL ★ 1/10
$19.35awaiting T+20—$20.31 (+4.94%)
Sep 25, 2026
4w ago
8-K
NEUTRAL ★ 4/10
$21.16 $21.22▲ +0.28%▲ +0.31%$20.31 (−4.04%)
Sep 24, 2026
4w ago
Court Ruling
NEUTRAL ★ 1/10
$22.02 $20.91▼ −5.04%▼ −3.57%$20.31 (−7.79%)
Sep 22, 2026
5w ago
Court Ruling
BULLISH ★ 5/10
$21.25 $20.53▼ −3.39%▼ −4.08%$20.31 (−4.45%)
Sep 1, 2026
8w ago
Court Ruling
NEUTRAL ★ 1/10
$24.21 $19.35▼ −20.07%▼ −19.92%$20.31 (−16.13%)
Aug 28, 2026
8w ago
Court Ruling
NEUTRAL ★ 1/10
$24.29 $19.59▼ −19.35%▼ −19.23%$20.31 (−16.41%)
Aug 20, 2026
9w ago
Court Ruling
BULLISH ★ 5/10
$26.17 $21.97▼ −16.05%▼ −17.06%$20.31 (−22.41%)
Showing 10 of 29

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⚖ Court Ruling · govinfo.gov Report published Aug 28, 2026