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Why DraftKings Stock Plummeted 39.8% in October

TheMotleyFool

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Why DraftKings Stock Plummeted 39.8% in October

Shares of DraftKings (NASDAQ: DKNG) sank 39.8% in October, according to data from S&P Global Market Intelligence. The online betting company's stock fell after a large share sale valuing the company significantly lower than previous highs.