Is DraftKings Stock a Buy After a Big Drop?

Shares of online betting company DraftKings (NASDAQ: DKNG) have dropped 30% from their March highs as brick-and-mortar casinos make a comeback and short-sellers have begun targeting the stock. The latest setback was a report by Hindenburg Research that accused the company of ties to illegal gambling around the world, but that's not the only reason investors are selling. 

Is the market's negative sentiment warranted or an overreaction to a company with a huge long-term opportunity? Taking a step back and looking at the company's long-term prospects is worthwhile right now. 

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Source Fool.com