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Could DraftKings Stock Drop To $23?
DraftKingsDraftKings(US:DKNG) Forbes·2025-10-28 22:05

Photo illustration by Cheng Xin/Getty ImagesGetty ImagesDraftKings (DKNG) stock has dipped by 22.1% in under a month, from 42.32on9/26/2025toitscurrentpriceof42.32 on 9/26/2025 to its current price of 32.96. What is on the horizon? It appears that the stock might decrease further. The ongoing correction, when viewed in the light of the stock's Extremely High valuation, indicates the potential for additional declines. A price of $23 is certainly a possibility, particularly as the stock has reached this figure in the past 5 years.So, should ...