Shares of DraftKings (NASDAQ: DKNG) are down over 9% in today’s trading session. This can be attributed to a hack that drained money from customer accounts. The number of accounts that were affected by this hack was not revealed.
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Is DKNG Stock a Buy?
DKNG stock has a Moderate Buy consensus rating based on 14 Buys, nine Holds, and one Sell assigned in the past three months. The average DKNG stock price target of $20.86 implies almost 53.38% upside potential.