As Near-Term Virus Headwinds Linger, Be Patient With DraftKings Stock
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DraftKings will soon report second-quarter results, but investors probably shouldn't put too much weight on those numbers because the April through June stretch of 2020 won't be comparable to the year-earlier period. As noted above, a typical second quarter for bettors and sportsbook operators alike would include plenty of MLB, NBA and NHL action as well as the NCAA Tournament Final Four and the Masters golf tournament. That wasn't the case in 2020.
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