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re: Stocks on your watch list
Posted on 12/17/21 at 12:56 pm to LSUtoOmaha
Posted on 12/17/21 at 12:56 pm to LSUtoOmaha
quote:
Draft Kings’ financials look pretty bad
They are in full on growth and market share acquiring mode. It's not going to look great right now. They are spending gobs of cash on advertising / marketing too.
I know there's a hint of truth in this, but I just keep telling myself it is the nature of this growth phase for the company.
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