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September was pivotal month for DraftKings as stock slides, says Jim Cramer
CNBC Television· 2025-10-03 23:59
What the heck has gone wrong at draft games. I mean, back in August, the online sporting betting company, it reported a great quarter, even if they didn't raise their fullear forecast. And the stock didn't initially sell off uh 5%.Sell, sell, sell. CEO Jason Robbins came on the show. Yeah, I thought he told a great story.And the stock did come back with a vengeance, ultimately climbing to $48 and change at the beginning of September. Oh, but ever since DraftKings has been just obliterated with the stock now ...
DraftKings stock has been obliterated since September peak, says Jim Cramer
CNBC Television· 2025-10-03 23:58
What the heck has gone wrong at DraftKings. I mean, back in August, the online sporting betting company, it reported a great quarter, even if they didn't raise their fullear forecast, and the stock did initially sell off uh 5%. Sell, sell, sell.CEO Jason Robbins came on the show. Yeah, I thought he told a great story, and the stock did come back with a vengeance, ultimately climbing to $48 and change at the beginning of September. Oh, but ever since, DraftKings has been just obliterated.With the stock now d ...