DraftKings Tumbles on NCAA Betting Ban Proposal. Should You Buy the Dip?
DraftKings (DKNG) shares plummeted 8% on Friday following the NCAA's urgent call to the CFTC to suspend prediction markets involving college sports, viewing them as akin to…
Written byRich DupreySource: Money Morning – We Make Investing Profitable
DraftKings (DKNG) shares plummeted 8% on Friday following the NCAA's urgent call to the CFTC to suspend prediction markets involving college sports, viewing them as akin to gambling and a threat to athlete integrity. This proposal is aimed at halting trades on collegiate outcomes and rattled investors in the sports betting sector. Adding to the […]
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