DraftKings shares are trading lower possibly following Fanatics announcement it has launched sports betting in 4 states.
Portfolio Pulse from Benzinga Newsdesk
DraftKings shares are trading lower without any company-specific news.

August 16, 2023 | 7:47 pm
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DraftKings shares are trading lower without any company-specific news.
The drop in DraftKings' share price is not due to any company-specific news, suggesting that it may be influenced by broader market trends or investor sentiment. This could indicate a bearish short-term outlook for the stock.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100