DraftKings Showing NFL-Powered Strength ($DKNG)

Since the federal legalization of sports gambling in 2018, online sports wagering has become a massive emergent market in the United States -- DraftKings (DKNG) is one of our favorite companies in this growing industry. DraftKings Purchase Intent Mentions are handily outperforming the generic sports betting trend, up +46% QoQ and +17% YoY on a 30-day moving average.

In July, we doubled-down on our long-term outlook with a bullish opportunity alert...DKNG shares have gained +37% since then, but they remain -19% below the 2021 ATH.