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Why DraftKings Stock Is Rising Today

TheMotleyFool

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Shares of DraftKings (NASDAQ: DKNG) are rising today, up by 5% as of 1:30 p.m. EDT, after an analyst issued a buy rating for the stock. Additionally, college football took another step toward returning to normal, which would benefit sports-betting companies like DraftKings.

Year to date, the stock has gained nearly 400%, crushing the market.