1 Growth Stock Down Over 50% to Buy Right Now

Like plenty of other younger growth stocks, online sports betting company DraftKings (NASDAQ: DKNG) has experienced its fair share of ups and downs since going public in April 2020. After reaching an all-time high in March 2021, the stock has lost just over half of its value.While there are plenty of challenges and hurdles that DraftKings will need to iron out (along with the rest of the sports-betting industry), there is plenty of long-term growth potential ahead.DraftKings came to prominence because of its daily fantasy and sports betting, but it has been making intentional efforts (mainly through acquisitions) to expand into other markets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool