During an earnings season where analysts expected many companies to lower guidance, darling gambling stock DraftKings (NASDAQ: DKNG) was one that had to do just that. Even as shares are down nearly 34% from their all-time high reached in February as of the May 21 close, DraftKings stock is still up more than 150% over the past three years.
[content-module:CompanyOverview|NASDAQ:DKNG]DraftKings has seen an explosive rise in the popularity of its platform over the last several years. At the end of 2020, the company had about 900,000 monthly unique payers (MUPs). This number shows how many users placed a bet on its platform in a month. MUPs have more than quadrupled since, coming in at 4.3 million in the most recent quarter.
