DraftKings (DKNG 6.27%) 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
$18B
Today's Change
(6.27%) $2.12
Current Price
$35.84
Price as of June 6, 2025, 3:58 p.m. ET
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
$35.84
(6.27%)
$2.12
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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