|Bid||14.07 x 3000|
|Ask||14.10 x 4000|
|Day's Range||13.19 - 14.55|
|52 Week Range||9.77 - 64.58|
|Beta (5Y Monthly)||1.88|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 24, 2022 - Feb 28, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.34|
DraftKings (DKNG) has been brutalized in the current market selloff, down 52% year-to-date. Much of the problem stems from the company’s heavy marketing spending, which has led to mounting losses. While some analysts are turning bullish on DKNG stock after the selloff, the risks of taking a position remain too great. Source: Tada Images / Shutterstock.com Can things get any worse for sports betting company DraftKings (NASDAQ:DKNG)? It’s been excruciatingly painful for shareholders who’ve held on
Walt Disney (NYSE: DIS) has recently entertained the idea of entering the sports gambling industry. Disney already owns a minority stake in sports gambling company DraftKings (NASDAQ: DKNG). Making an offer for the rest of the company could be a potential entry point into the industry for Disney.
Ark Invest's style of betting on high-growth stocks has fallen out of favor, but a few interesting staples in the family of ETFs could deliver outsized returns at this point.