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Benzinga
Benzinga
Business
Tyler Bundy

What's Going On As DraftKings Stock Tanks Friday?

Draftkings Inc. (NASDAQ:DKNG) shares are trading down Friday after the company reported the fourth-quarter fiscal year 2021 sales growth of 47% year-on-year to $473.3 million, beating the analyst consensus of $445.18 million.

The stock has recently fallen below a support level and is seeing a period of uncertainty.

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