Why DraftKings Stock Is Falling Sharply Today
Shares of DraftKings (NASDAQ: DKNG) were falling 6% heading into noontime trading Monday after a raft of analysts downgraded their price targets on the sportsbook's stock.
DraftKings posted an impressive beat-and-raise performance last week after reporting revenue that was ahead of Wall Street's forecasts and at the high end of management's own guidance.
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Source Fool.com
