📈 Stock Market 12h ago · David Moadel

DraftKings Is Down 44% in 2026: Is DKNG Stock Dead Money or Due for a Bounce?

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The post DraftKings Is Down 44% in 2026: Is DKNG Stock Dead Money or Due for a Bounce? appeared first on 24/7 Wall St..
Sportsbook operators have absorbed some of the biggest selling in the gambling group across 2026, and the pressure has landed hardest on the pure-play names. DraftKings (NASDAQ:DKNG) stock is rising 1% in afternoon trading, yet it’s still down 44% year to date (YTD) to $19.14. A modest lift like that leaves the bigger question open, which is whether the repricing has fina

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