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DraftKings stock rises on analyst upgrade

Yahoo Finance

Shares of sports betting platform DraftKings rise amid an analyst upgrade.

Video transcript

JULIE HYMAN: All right. Let's take a look at the trending tickers that we're watching today. It is DraftKings. Those shares up about 6% after getting an upgrade from UBS to buy from neutral. The analysts there saying further upside is possible for the sports gambling stock as more states provide greater opportunities. By the way, DraftKings has more than doubled so far this year-- up 124%.