DraftKings (DKNG) Stock Surges as Analysts Bullish Amid NFL Playoffs

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Source: Investor's Business Daily
DraftKings (DKNG) Stock Surges as Analysts Bullish Amid NFL Playoffs
Photo: Investor's Business Daily
TL;DR

DraftKings stock surged over 6% after the launch of its sportsbook in Vermont, marking its 26th U.S. state of operation. UBS expects the company to maintain a high market share, while Cathie Wood and ARK Invest sold a portion of their stock holdings. The stock is approaching a buy point and has rallied more than 12% this week.

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