Why is DKNG down?
Up 4.3% today with sports betting stocks: 9 of 11 are up, 3.1% on average; the S&P 500 is down 0.5%.
Lags the market
Down 57% over five years while the S&P 500 rose 76%.
- Its diluted share count went from 436.5M in fiscal 2022 to 495.9M in fiscal 2025, up 13.6%.