DraftKings Rallies 27% After Favorable Earnings & Raised Outlook, But We See 2 Issues with the Stock
Friday morning saw DraftKing (DKNG) shares soar 15% higher after the company reported impressive earnings for the fiscal fourth quarter and raised its outlook for 2023. After the weekend, this trend continued. In Monday morning’s trading session, the stock is already up another 15%. Investors are in a frenzy over DraftKings after the [...]
