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Is DraftKings Stock a Buy?


(NASDAQ: DKNG) has been a market favorite since becoming public during the pandemic, but it's struggled to turn revenue growth into profitability. Is that a growth problem or a structural problem with the business?

In this video, Travis Hoium examines the business and explains where DraftKings is facing challenges. And those challenges may not be easy to overcome.

*Stock prices used were end-of-day prices of Dec. 12, 2023. The video was published on Dec. 13, 2023.

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Source Fool.com

DraftKings Inc. Stock

€34.20
0.320%
The DraftKings Inc. stock is trending slightly upwards today, with an increase of €0.11 (0.320%) compared to yesterday's price.
With 69 Buy predictions and 3 Sell predictions DraftKings Inc. is one of the favorites of our community.
With a target price of 46 € there is a positive potential of 34.52% for DraftKings Inc. compared to the current price of 34.2 €.
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