DraftKings Is Expanding Beyond Traditional Sports Betting. Does Its Foray into Prediction Markets Make the Stock a Buy in 2026?

2026-03-03 05:35:00 ET

DraftKings (NASDAQ: DKNG) is making a good business decision by expanding into prediction markets. That, however, doesn't make this stock a buy in 2026. At least not if you have a long-term buy-and-hold mentality.

Here's why buying this sports betting company just because of its move into prediction markets could be a mistake.

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