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Damaging criticism for DraftKings Incorporated


June 16, 2021
The value of individual shares in American online sportsbook and daily fantasy sports operator DraftKings Incorporated reportedly fell by 4.2% yesterday following news that a key specialist had recommended taking up a short position on its stock.
According to a Tuesday report from American television broadcaster CNBC, the advice from Hindenburg Research LLC came after the investments research enterprise published a report in which it questioned the sportsbetting giant’s promotional spend and future potential. The analyst purportedly also threw doubt on Nasdaq-listed DraftKings Incorporated’s valuation when compared to rivals such as the soon-to-go-public FanDual Group before alleging that the company may have had ties to questionable gambling practices. ....

New York , United States , New Jersey , Shalom Meckenzie , United States Supreme Court , Daftkings Incorporated , Fandual Group , Diamond Eagle Acquisition Corporation , Sbtech Malta , Draftkings Incorporated , Hindenburg Research , Nasdaq Listed Draftkings Incorporated , Amateur Sports Protections Act , Malta Limited , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , ஒன்றுபட்டது மாநிலங்களில் உச்ச நீதிமன்றம் , வைரம் கழுகு கையகப்படுத்தல் நிறுவனம் , ஹிண்டன்பர்க் ஆராய்ச்சி , அமெச்சூர் விளையாட்டு ப்ரொடெக்ஶந்ஸ் நாடகம் , மால்டா வரையறுக்கப்பட்டவை ,