DDAY there's some headwinds here, no point in sugar coating it. High growth companies have fallen out of favor, the future of fantasy sports very much up in the air and the financials are atrocious, as is the company's cash burn rate.
But then most ppl aren't buying this on fundamentals are they? This is the only publicly traded co. in this space (for how long?) as Draft Kings just put their IPO on hold last year. So that just leaves the momo factor. I think we can catch a bid next week as this is still pretty off-the-radar. I do like that they're on the big boards too. Hopefully no R/S is needed to keep them there.
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