What's Going On With DraftKings Stock?

By Parkev Tatevosian, CFA – Mar 20, 2024 at 6:15AM

NASDAQ: DKNG

DraftKings

Market Cap

$20B

Today's Change

(4.96%) $2.04

Current Price

$43.13

Price as of April 26, 2024, 4:00 p.m. ET

DraftKings has made excellent progress from an unprofitable growth stock to one generating positive free cash flow.

Fool.com contributor Parkev Tatevosian discusses the latest developments at DraftKings (DKNG 4.96%).

*Stock prices used were the afternoon prices of March 17, 2024. The video was published on March 19, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.