Why DraftKings Stock Plunged 8.2% Today

·2-min read
Why DraftKings Stock Plunged 8.2% Today

What happened Shares of online gambling stock DraftKings (NASDAQ: DKNG) fell as much as 8.2% in trading on Tuesday after reportedly making an offer to acquire global competitor Entain (LSE: ENT). Entain's shares jumped over 20% on the report, but investors didn't like the move from DraftKings quite as much.

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