DraftKings Slips As Analyst Says Sell On 'Overoptimistic' Share Estimates
January 19, 2021 at 13:08 PM EST
Shares of DraftKings are under pressure after Jack Cummins initiated coverage of the name with a Sell rating. After looking at the competitive landscape in the U.S. sports-betting sector, the analyst believes the market is "overoptimistic."
