Stock Movers Closing Bell: Draft Kings, Flutter, Cruise Lines All Jump; Micron Continues to Sink
Mar 23, 2026
Markets react to proposed bipartisan legislation targeting prediction-market sports bets, lifting DraftKings and Flutter. Cruise line stocks spike after comments signaling a temporary pause in strikes on Iranian infrastructure. Micron keeps sliding amid warnings of heavy capital spending to meet rising demand. Pfizer posts underwhelming Lyme vaccine results, and Palantir gains traction with Pentagon AI backing.
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Prediction Market Bill Boosts Sportsbook Stocks
- DraftKings and Flutter rose after a Wall Street Journal report that U.S. senators will introduce bipartisan legislation to ban sports bets on prediction markets regulated by the CFTC.
- Romaine Bostick noted that Kalshi and Polymarket had pressured these operators with booming sports-event volumes, making the proposed ban a direct competitive relief for DKNG and FLUT.
Travel Stocks Jump After Deescalation Comments
- Cruise lines rallied after President Trump said he told U.S. forces to postpone strikes on Iranian power plants and energy infrastructure for five days.
- Romaine Bostick highlighted Norwegian, Carnival, and Royal Caribbean jumping between roughly 5.5% and 6% as travel-sector optimism returned.
Pentagon Adoption Lifts Palantir Share Price
- Palantir jumped nearly 6.8% after reports its Maven AI system will become a Pentagon program of record, signaling accelerated adoption of AI-enabled decision-making.
- Romaine Bostick referenced Bloomberg reporting and Katrina Manson's book tracing Project Maven's decade-long development linking sensors to shooters.
