Draft Kings Stock Looks Expensive
- Friday, March 26, 2021, 5:28
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After reaching the highs of $64 in October 2020, Draft Kings stock has gained just 12% despite the company increasing its U.S. iGaming market’s projection from $21 billion in March 2020 to $40 billion as per a recent investor presentation. The sizable jump in the total addressable market has…