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Is This a Buying Opportunity for DraftKings?

TheMotleyFool

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Is This a Buying Opportunity for DraftKings?

Today's video focuses on recent news affecting DraftKings (NASDAQ: DKNG) and its proposed offer to acquire Entain (LSE: ENT), causing considerable volatility in stock prices for these two online betting companies. Online reports indicate that the acquisition offer is roughly $20 billion, almost the size of DraftKings' current market cap. Here are some highlights from the video:

Click the video below for my full thoughts and analysis.

*Stock prices used were the midday prices of Sept. 21, 2021. The video was published on Sept. 21, 2021.

Source Fool.com

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