DraftKings Shares Slump Despite Strong Revenue Growth. Should Investors Buy the Stock on the Dip?

DraftKings (NASDAQ: DKNG) shares nosedived last week after the company reported strong growth but issued conservative guidance. The online sports betting stock is now trading down about 35% year to date as of this writing. Let's take a closer look at its results and prospects to see if the drop is a buying opportunity. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Image source: Getty ...