Tag: DRAY
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This Gambling Stock Could Make Crisis an Opportunity
DraftKings Inc. (NASDAQ: DKNG) has been a popular gambling stock as more states legalize online sports betting. However, over the last few weeks, DKNG stock has been under pressure. It’s down 14.9% in the month ending November 19. And the stock’s three-month decline is now approximately 35.5%. There are two primary, and perhaps related, reasons…