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Closing Bell: Draft Kings, Flutter, Cruise Lines All Jump; Micron Continues to Sink
Description
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
- Draft Kings (DKNG) and Flutter (FLUT) stocks rose as the Wall Street Journal reported US senators are set to introduce bipartisan legislation to ban sports bets on prediction markets like Kalshi and Polymarket.
- Cruise lines such as Norwegian (NCLH), Carnival (CCL), and Royal Carribean (RCL) shares all rose after President Donald Trump said he told US forces to postpone all strikes against Iranian power plants and energy infrastructure for a five-day period.
- Micron (MU) shares continued to fall after last week the company warned that it will need to spend heavily on production to meet burgeoning demand, overshadowing a generally upbeat forecast from the largest US maker of computer memory chips.
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