Rush Street Interactive has reached an all-time high, with its stock price hitting $33.83 USD. The stock is trading just 1% below its 52-week high of $33.52, giving the online gaming company a market capitalization of $7.77 billion.

This milestone reflects a significant upward trend, as the company’s stock has experienced a remarkable 124.01% increase over the past year. The surge in RSI’s stock price underscores growing investor confidence and interest in the company’s performance and future prospects.

In other recent news, Rush Street Interactive announced the completion of a $260 million secondary stock offering, where trusts owned by key executives sold 10 million shares.