DraftKings (DKNG) Investing to Revitalize Growth Amid Competition and Customer Acquisition Concerns

DraftKings Inc. (NASDAQ:DKNG) is one of the top Robinhood stocks with high potential. On March 17, Argus downgraded DraftKings Inc. (NASDAQ:DKNG) to a Hold from a Buy. The downgrade came amid concerns that the company is facing elevated customer acquisition costs amid heightened competitive pressure. DraftKings Inc. (DKNG) Investing to Revitalize Growth amid Competition and Customer Acquisition Concerns Courtesy of Draftkings The research firm has also warned that the company appears to be losing market ...