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Zenger
Zenger
Business
AJ Fabino

DraftKings Shares Surge As Bank Of America Calls It A ‘KIng’

DraftKings BofA
(DENISE TRUSCELLO/GETTY IMAGES)

Shares of DraftKings Inc (NASDAQ:DKNG) are seeing a lift on Wednesday after Bank of America Corp (NYSE:BAC) Global Securities called the stock a “king.”

It’s time for the sports-betting giant to “take the throne,” the firm said. Here’s what investors need to know.

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