5 Reasons DraftKings Stock Looks Promising in the New Year

DraftKings TodayDKNGDraftKings$38.34 -2.01 (-4.98%) 52-Week Range$28.69▼$49.57Price Target$51.00Add to WatchlistDigital sports betting and iGaming app provider DraftKings Inc. NASDAQ: DKNG has been in hypergrowth mode through 2024 but continues to lose money and even issued downside guidance for 2024. The company, along with competitor FanDuel, owned by Flutter Entertainment plc NYSE: FLUT, faces further scrutiny over anticompetitive practices. United States Senators Peter Welch and Mike Lee want the U.S. ...