What Is Going On With DraftKings Stock On Tuesday?
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DraftKings (DKNG) stock rose on Tuesday after Mizuho raised its price target from $44 to $45, maintaining an outperform rating. This follows a positive Q1 earnings report where DraftKings reported adjusted earnings of 20 cents per share, significantly above the consensus estimate. The company now operates mobile sports betting in 27 states, covering 53% of the U.S. population. As of Tuesday, shares were up 1.86% at $24.96, with key resistance at $26.50 and support at $21.
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