Why DraftKings Stock Jumped 13% in April
DraftKings (NASDAQ: DKNG) saw its stock price surge 13.2% higher in April, according to S&P Global Market Intelligence. As of May 4, DraftKings was trading at about $21.50 per share, up approximately 87% year to date (YTD).
It outperformed the major market indexes, as the S 500 was up 1.5%, the Dow Jones Industrial Average climbed 2.5%, and the Nasdaq Composite was essentially flat in April.
DraftKings, a leading site for online sports betting and fantasy sports, has continued to outperform the market, as it has launched some new products and sports betting has been legalized in more states.
Source Fool.com
DraftKings Inc. Stock
€30.49
-1.520%
The stock is one of the favorites of our community with 81 Buy predictions and 2 Sell predictions.
As a result the target price of 46 € shows a very positive potential of 50.89% compared to the current price of 30.49 € for DraftKings Inc..
