DraftKings Stock Is Oversold on Earnings Plunge. Should You Buy the Dip?
DraftKings (DKNG) says record performance in Q4 helped it report its first-ever annual profit in 2025. Shares still crashed 13% late last week as investors reacted to its lukewarm guidance for the full year. The post-earnings slump pushed DKNG’s relative strength index (14-day) deep into the “oversold” territory, making it exciting for investors on the lookout for a bargain. More News from Barchart Down some 40% year-to-date, DraftKings stock is now trading at 22x forward earnings, which Jefferies dubb ...