Being Aktie
WKN: 928673 / ISIN: JP3799650001
08.08.2024 15:08:00
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Despite Being Down 55% From Its Peak, Here's Why I'm Loading Up On This Growth Stock
I'd be putting it lightly if I said it has been a roller coaster ride for DraftKings' (NASDAQ: DKNG) stock since its July 2019 initial public offering (IPO). After its IPO, the stock surged by over 600% in less than two years, and now it sits around 55% below its peak.Despite the ups and downs (which is normal for young growth stocks), I still believe in DraftKings' long-term potential. The business is solid, and it's operating in a rapidly growing market, as the following chart shows.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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