Jan. 26 at 11:26 AM
Will the "Super Bowl Effect" help rally names like
$DKNG $FLUT &
$WYNN? Let take a look at their last 5 February performances:
$DKNG: +4.55% (2025), +10.93% (2024), +25.82% (2023), +7.20% (2022), +13.71% (2021)
$FLUT: +5.10% (2025), +4.92% (2024), +2.02% (2023), -6.85% (2022), +3.12% (2021)
$WYNN: +3.13% (2025), +11.67% (2024), +4.56% (2023), +1.25% (2022), +32.35% (2021)
Almost entirely green in the month of February, with the exception of 2022 for
$FLUT (keeping in mind that 2022 was the Biden era/Fed rate hike market crash) ✅
So yes, the data does back the idea that sports-gambling stocks should be green in the month of February - and it is logical to expect as much, considering that these companies make their peak revenue during the week of the Super Bowl 🏈
However, it is important to note that this impacts Q1 results, which will be reported later on, in the Spring (April-May typically) 🌷
