How DraftKings Stock Tripled in 2023

Shares of DraftKings (DKNG -1.96%) rose 209.5% in 2023, according to data from S&P Global Market Intelligence. The fantasy sports and sports betting expert delivered a steady stream of positive earnings and revenue surprises last year, punctuated by robust progress in the company's business expansion plans.DraftKings chases an expanding American marketThere's no denying that DraftKings' financial results fired on every cylinder last year. The company met or exceeded the consensus analyst targets across the ...