Why DraftKings Could Rocket Higher in 2024
(NASDAQ: DKNG) is a sports betting company whose stock price over the past few years has mirrored many high-profile growth stocks. From March 2020 to March 2021, its stock price jumped from $12 to $71; by March 2022, it had dropped to $16.
Last year was a much-needed bounceback, though. DraftKing's stock had a huge surge in 2023. It's still down more than 50% from its March 2021 peak, but last year was a step in the right direction.
Despite its impressive 2023, I believe DraftKing's stock could continue its momentum in 2024. Here are three reasons why.
Source Fool.com
DraftKings Inc. Aktie
19,00 €
0,80 %
Und DraftKings Inc. steht derzeit mit 86 Buy-Einschätzungen und 1 Sell-Einschätzungen bei unserer Community gut im Kurs.
Das Kursziel von 36 € für DraftKings Inc. bedeutet eine deutliche Steigerung von über 50% gegenüber dem aktuellen Kurs von 19.0 €.
