From Nasdaq:

DraftKings’ shares surged 14.2% this week after launching in Vermont, the 26th U.S. state they operate in, with analysts predicting strong performance in the sports betting market. Analysts are confident that DraftKings will outperform and have upgraded the stock, citing next-level guidance and successes. Stock Advisor also identified DraftKings as a top stock for investors to buy, with strong returns expected. With its current 2024 guidance promising high revenue and adjusted EBITDA, DraftKings shareholders have much to look forward to in the upcoming years. Wall Street has confidence in DraftKings, and investors should consider the stock as it forges ahead in its next steps.



Read more: Why DraftKings Stock Popped 12% This Week