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@ Layer3.news
2025-05-24 03:04:09
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WAS JIM CRAMER RIGHT ABOUT DRAFTKINGS INC. (DKNG)?
https://s.yimg.com/ny/api/res/1.2/.AIFQwZUrQcd0In7qMmR5g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzM-/https://media.zenfs.com/en/insidermonkey.com/5234057814911252dbc0a70fbcaf89ad
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✍️ Jim Cramer previously recommended DraftKings Inc. (NASDAQ:DKNG) as a buy, but the stock has been slipping despite growing sports betting trends.
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👉 Jim Cramer previously recommended DraftKings Inc. (NASDAQ:DKNG) as a buy
👉 The stock has dropped 17.95% despite growing sports betting trends
👉 Cramer has admitted to being too bullish on the stock
👉 The company's margins are being pressured by rising costs and competition
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#JimCramer #business
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