NasdaqGS:DKNGHospitality
Is DraftKings Stock Offering Value After a 196% Three Year Surge?
If you are wondering whether DraftKings at around $34 a share is a bargain or a bubble, you are not alone. This article walks through what the numbers really say about its value.
Over the last month the stock is up 14.1%, but that comes after a choppy run, with the shares down 3.9% over the past week, 5.7% year to date, and 10.8% over the last year. The 3 year return still sits at an eye catching 196.7%.
Those swings have been underpinned by ongoing state by state legalization and expansion...