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MarketBeat
MarketBeat
Leo Miller

DraftKings Launches Prediction Markets: Analysts Eye 30% Upside

Over the past three years, sports betting stock DraftKings (NASDAQ: DKNG) has delivered for investors, with shares up over 200% through the Dec. 29 close in that period. 

But in recent months, the emergence of prediction markets has weighed on sentiment, as investors fear that emerging competition could draw DraftKings' customers elsewhere.

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