Is This Growth Stock a Sure Bet for a Rebound?
Electronic betting platform DraftKings (NASDAQ: DKNG) has seen a bit of a revival, with shares up more than 110% since January. While that's a cause for celebration, the stock is still down more than 60% from its former highs, so there's a ways to go for investors who bought at higher prices. Investors would be wise to consider some red flags in DraftKings that remain, despite the stock's recent rally.