Forget the Haters – DraftKings Stock Has 116% Upside by 2022
July 09, 2021 at 13:34 PM EDT
DraftKings Inc. (NASDAQ: DKNG) has been all over the headlines the past few weeks after Hindenburg Research published an article accusing the company of operating black market gaming, money laundering and business with organized crime. The report drove DKNG down as much as 12%, but the real story is that DraftKings was targeted by a greedy short seller with incentive to drive its stock down. Hindenburg has a history of driving down share prices with similar reports, but we this time it will backfire. DraftKings is still an excellent stock to own, and thinks to the naysayers like Hindenburg, it's at a great price. Here's why you can ignore the haters and turn this into an opportunity. Tags: Stocks to Buy , tech stocks The post Forget the Haters – DraftKings Stock Has 116% Upside by 2022 appeared first on Money Morning - We Make Investing Profitable .