Is dkng stock a good investment?

Keep in mind that DKNG stock is well off of its highs. It’s down from $71.98 on March 19 to $54.35. That represents a drop of 24.5% over 3 months. Nevertheless, DKNG stock is now positive for the year (+16.73%), as it closed at $46.56 on Dec. 31. As you can see, my estimate of its value reflects a return to its previous highs.

What does dkng stand for?

13.20(+0.64%) Advertisement DraftKings Inc. (DKNG) NasdaqGS - NasdaqGS Real Time Price. Currency in USD Follow Visitors trend2W10W9M 35.72+0.61(+1.74%) At close: 04:00PM EST 35.65-0.07(-0.20%)After hours:08:00PM EST Summary Company Insights Chart Conversations Statistics Historical Data Profile Financials Analysis Options Holders Sustainability

Is dkng in a favorable negotiation position with Dis?

Analyst Jed Kelly and team believe DKNG is in a favorable negotiating position as the only operator with the budget scale to meet DIS partnership standards, following FanDuel's investments in its own over-the-top channel, and operators like Caesars and BetMGM scaling back advertising.