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Could DraftKings Stock Be Worth $75?

TheMotleyFool

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Sports-gambling company DraftKings (NASDAQ: DKNG) released its first earnings report as a public company last week, after its initial public offering on April 24, 2020, through a merger with a special purpose acquisition company (SPAC). Though it reported a 30% increase in year-over-year revenue, the newly public company also reported a net loss more than twice as high as a year ago.

Source Fool.com

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