HomeInvestingOptionsDraftKings (DKNG) Uncertainty Is An Unknown-Known
DraftKings (DKNG) Uncertainty Is An Unknown-Known

DraftKings (DKNG) received a price target cut to $15 from $21 at Piper Sandler. Alex Coffey and Jenny Horne discuss DKNG. They go over the gaming space overall, noting that there is a mix of competition for DKNG including older casinos and newer electronic gaming. They talk about how the uncertainty in the stock is an unknown-known. Alex then demonstrates an example trade using DKNG. The trade type is a buy a call vertical and the direction is bullish. Tune in to find out more about the stock market today.

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