Despite Being Down 55% From Its Peak, Here's Why I'm Loading Up On This Growth Stock

The market opportunity for DraftKings is growing rapidly, and the company has a market leader advantage. I'd be putting it lightly if I said it has been a roller coaster ride for DraftKings' (DKNG -3.95%) stock since its July 2019 initial public offering (IPO). After its IPO, the stock surged by over 600% in less than two years, and now it sits around 55% below its peak. Despite the ups and downs (which is normal for young growth stocks), I still believe in DraftKings' long-term potential. The business is s ...