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Editor's Note: Our veteran Gaming, Lodging & Leisure analyst Todd Jordan and his research team added DraftKings (DKNG) as a best idea short on 9/23/21. Below is a complimentary look at some of their research on the company. If you are interested in learning more about their Gaming, Lodging & Leisure Pro research product click here. |
HERE'S A LOOK AT WHAT HAPPENED TO SHARES OF DRAFTKING
HERE'S WHAT OUR RESEARCH TEAM SAID
HERE'S What our RESEARCH TEAM Wrote ON 9/23
In conjunction with our Sports Betting (SB) and iGaming (iG) outlook call this afternoon – we’re adding back DKNG as a Best Idea Short.
Similar to our negative call earlier this year, it’s all about the catalysts with a highflier like DKNG, and we think those catalysts are materially skewed to the negative.
Along with a detailed DKNG analysis, we will spend considerable time going through the industry puts and takes – there is a lot going on.
GLL Pro Subs will have access to a DKNG "Best Idea Round Up" video later this week. The presentation will be heavy on data including the introduction of the Hedgeye Platform Tracker.
A sneak preview of the DKNG thesis and catalysts from the deck can be seen below:
If you are interested in learning more about our Gaming, Lodging & Leisure Pro research product click here.
