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IBD 50 Sports Betting Giant Climbs In Base, But Proceed With Caution

IBD 50 Sports Betting Giant Climbs In Base, But Proceed With Caution

IBD 50 sports betting stock DraftKings is recovering from a plunge and is in a cup base — but there's a caveat. DraftKings stock has reclaimed a key level after the company reported earnings and raised its internal forecast. The company is a leading sports betting online platform offering wagering on live sports, fantasy sports and casino games including blackjack, roulette and slots.