The expansion of prediction markets is hurting DraftKings (DKNG +0.39%) in the near term.
*Stock prices used were the afternoon prices of May 16, 2026. The video was published on May 18, 2026.
Read Next
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.
Stocks Mentioned
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.