Is DraftKings Stock a Buy?
(NASDAQ: DKNG) has been a market favorite since becoming public during the pandemic, but it's struggled to turn revenue growth into profitability. Is that a growth problem or a structural problem with the business?
In this video, Travis Hoium examines the business and explains where DraftKings is facing challenges. And those challenges may not be easy to overcome.
*Stock prices used were end-of-day prices of Dec. 12, 2023. The video was published on Dec. 13, 2023.
Source Fool.com
DraftKings Inc. Stock
€20.50
-0.490%
The stock is one of the favorites of our community with 86 Buy predictions and 1 Sell predictions.
As a result the target price of 36 € shows a very positive potential of 75.61% compared to the current price of 20.5 € for DraftKings Inc..
