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Analyst Says Fears About Kalshi Impact on DraftKings (DKNG) ‘Not Substantive’

We recently published Top 10 Trending Stock Ratings and Calls as Tom Lee Says Latest Selloff is a Buying Opportunity. DraftKings Inc (NASDAQ:DKNG) is one of the top trending stock ratings and calls. David Katz, gaming, lodging and leisure analyst at Jefferies, said in a latest program on CNBC that the notion that prediction market Kalshi is having a negative impact on DraftKings Inc (NASDAQ:DKNG) lacks weight based on his research. Here is what he said: “The narrative that Kalshi is taking share that wou ...