Terrible News for DraftKings Stock Investors
(NASDAQ: DKNG) stock has been hit by news that Illinois could be raising taxes, and that may undermine the company's financial upside. As Travis Hoium discusses in this video, taxes may continue to be a headwind for online gaming companies long-term.
*Stock prices used were end-of-day prices of June 3, 2024. The video was published on June 3, 2024.
Source Fool.com
DraftKings Inc. Stock
€34.20
-1.520%
Currently there is a rather positive sentiment for DraftKings Inc. with 68 Buy predictions and 5 Sell predictions.
With a target price of 46 € there is a positive potential of 34.5% for DraftKings Inc. compared to the current price of 34.2 €.