DraftKings Stock Is Challenging Its 20-Day Moving Average as Lawmakers Push to Limit Prediction Markets. Should You Chase the Rally Here?

DraftKings (DKNG) stock inched higher on Monday after U.S. senators introduced a bipartisan bill to ban sports-related contracts on prediction markets like Kalshi and Polymarket. DKNG is now hovering just below its 20-day moving average (MA). A decisive break above the $24.62 level may accelerate bullish momentum in the weeks ahead. Despite today’s surge, DraftKings stock remains down about 30% versus its year-to-date high. More News from Barchart www.barchart.com Significant of the Introduced Bill fo ...