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DKNG - Terrible News for DraftKings Stock Investors
DraftKings Inc.
2024-06-04 06:15:00 ET
DraftKings (NASDAQ: DKNG) stock has been hit by news that Illinois could be raising taxes, and that may undermine the company's financial upside. As Travis Hoium discusses in this video, taxes may continue to be a headwind for online gaming companies long-term.
*Stock prices used were end-of-day prices of June 3, 2024. The video was published on June 3, 2024.