Why DraftKings Stock Popped 12% This Week

Shares of DraftKings (DKNG 0.21%) popped 14.2% this week, according to data provided by S&P Global Market Intelligence, as multiple analysts weighed in with positive notes following the online betting platform's launch in Vermont last week. The launch marked the 26th U.S. state in which DraftKings operates, in addition to Ontario, Canada.Why these analysts think DraftKings will outperformIn a note to clients Thursday, Stifel analyst Jeffrey Stantial upgraded shares of DraftKings to buy from hold, raising hi ...