3 Sports Betting Stocks to Put On Your Radar
PENNPENN(PENN) Schaeffers Investment Research·2024-06-26 02:59

Earlier today, casino operator and sports betting company PENN Entertainment Inc (NASDAQ:PENN) was downgraded on valuation concerns. While PENN may be one of the more popular sports betting stocks, the sector has a few other names worth monitoring -- some more familiar than others. DraftKings Inc (NASDAQ:DKNG) stock is down 4% to trade at 38.39afterapricetargetcutto38.39 after a price-target cut to 53 from $54 at Wells Fargo. The shares are on track for their fourth-straight loss, and have now shed more than 10% in the last four tr ...