Why DraftKings Stock Struck Out on Thursday
DraftKings (NASDAQ: DKNG) was another victim of the stock market's no-hitter on Thursday. Investors seemed to have a particular disdain for companies that have flown high so far this year, and DraftKings -- still up a dizzying 255% year to date even after the day's decline -- is a prime candidate.
Mr. Market wasn't in any kind of mood to be pleased by good news. That was too bad for DraftKings, as it had something quite positive to report.
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Source Fool.com
