Signal: Buy the Dip on DraftKings Stock biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
DraftKings faces tax hike in Illinois, but analysts maintain bullish outlook with 56.49% upside. Bearish technical signals, but potential buy-the-dip opportunity for investors.
Is DraftKings Stock A Buy After Illinois Gambling Tax Hike? biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
Shares of sports betting company DraftKings Inc. (DKNG) were falling more than 6 percent in pre-market on Tuesday to $38.01, the Illinois Senate approved a progressive sports betting tax rate based on revenue.