
Shares of gaming platform firm DraftKings Inc. (DKNG) have gained 15% over the past three months, indicating positive market sentiment. Highlights in the company’s current market position include the optimism regarding online legal sports betting. Now, a majority of U.S. states have legalized the activity, which creates a long runway for companies like DraftKings.
The company is also showing operating efficiency through growing financials. So, should investors take a bet on DraftKings now?