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0 0 0.00372920252438332 -0.00200803212851406 -0.0031554790590935 -0.00401606425702813 -0.0031554790590935 0.00172117039586926
Stock impact report

2 Reasons to Watch DKNG and 1 to Stay Cautious [Yahoo! Finance]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Yahoo! Finance
The stock has lost 7.2% while the S&P 500 is down 7.3%. This may have investors wondering how to approach the situation. Following the pullback, is this a buying opportunity for DKNG? Find out in our full research report, it's free Getting its start in daily fantasy sports, DraftKings (NASDAQ:DKNG) is a digital sports entertainment and gaming company. Revenue growth can be broken down into changes in price and volume (for companies like DraftKings, our preferred volume metric is monthly unique players). While both are important, the latter is the most critical to analyze because prices have a ceiling. DraftKings's monthly unique players punched in at 4.8 million in the latest quarter, and over the last two years, averaged 40.1% year-on-year growth. This performance was fantastic and shows its brand have a unique value proposition. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for Show less Read more
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