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.
Source Fool.com
DraftKings Inc. Stock
€34.20
0.320%
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 €.