Reported 2 days ago
DraftKings' stock has recently dropped 18% from its 52-week high but remains up 16% year-to-date, presenting a potential buying opportunity for investors. As one of the largest online gambling operators in the U.S., DraftKings is showing signs of sustainable profitability, with revenues growing 39% year-over-year, and projections for continued growth in 2025. With new market expansions and a solid business model, analysts believe DraftKings could see a significant stock price increase.
Source: YAHOO