Retail Investors Flip Bearish as DraftKings Tumbles Toward 52-Week Lows

Core Viewpoint - Shares of DraftKings (DKNG) experienced a significant decline of 10.2% over the past week, falling from $34.70 to $31.16, which aligns with a notable drop in retail investor sentiment on Reddit [1] Company Summary - DraftKings' stock price decreased from $34.70 to $31.16, indicating a loss of $3.54 per share [1] - The decline in stock price is attributed to a dramatic collapse in retail investor sentiment, particularly on social media platforms like Reddit [1]