DraftKings (DKNG -6.18%) stock investors were dealt some unfavorable news regarding state taxation of gaming revenue.
*Stock prices used were the afternoon prices of June 2, 2025. The video was published on June 4, 2025.
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Massive News for DraftKings Stock Investors
By Parkev Tatevosian, CFA
–
Jun 5, 2025 at 5:30AM
NASDAQ: DKNG
DraftKings
Market Cap
$19B
Today's Change
(-6.18%) -$2.31
Current Price
$35.09
Price as of October 1, 2025, 3:58 p.m. ET
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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.
Stocks Mentioned
DraftKings
DKNG
$35.09
(-6.18%)
$-2.31
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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