Is DraftKings Stock in Trouble?
Shares of sports betting company DraftKings (NASDAQ: DKNG) are down 24% thus far in 2025. This once-hot growth stock has faced a lot of adversity in recent months as investors aren't as convinced about its long-term growth prospects these days.
Although the business has grown significantly in the past few years, there are challenges ahead, namely having to do with competition and the growing popularity of prediction markets.
Here's what you need to know about DraftKings and whether it's a good buy on weakness, or if you're better off steering clear of the stock for now.
Source Fool.com
DraftKings Inc. Stock
€18.13
-1.350%
With 85 Buy predictions and 1 Sell predictions DraftKings Inc. is one of the favorites of our community.
With a target price of 44 € there is potential for a 142.64% increase which would mean more than doubling the current price of 18.13 € for DraftKings Inc..
