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News  ›  Investing.com

3 Stocks Sending Bullish Signals With Fresh Multi-Billion Buybacks

Investing.com Logo Investing.com By Leo Miller
3 Stocks Sending Bullish Signals With Fresh Multi-Billion Buybacks

Three companies - DraftKings, AppLovin, and Altria Group - announced significant stock buyback programs, signaling confidence in their valuations and commitment to returning capital to shareholders.

Insights
TER   positive

Highlighted as an interesting AI-related investment in the Ark ETF


DKNG   neutral

Doubled buyback authorization to $2 billion despite recent share price decline, suggesting potential undervaluation and strategic adaptability