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Barchart
Anushka Dutta

Up 15% in 3 Months, Is It Too Late to Buy DraftKings Stock?

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?

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