DKNG : Buy Into Weakness, Cramer Says !
@JC888:
On 03 Oct 2025, CNBC's "Mad Money" host Jim Cramer declared $DraftKings Inc.(DKNG)$ share price plunge a compelling buying opportunity, urging investors not to shy away but to consider entering the stock amidst market overreactions. His argument centred mainly around the fact that competition from online “prediction markets” is not a significant threat to DKNG’s business. He considers concerns over “prediction markets” to be overstated and suggests establishing a small position ahead of the upcoming earnings release, slated for 06 Nov 2025. What Are “Online” Prediction Markets ? Prediction markets have a long history, with informal versions dating back at least 1,000 years, where people bet on various outcomes such as military battles, royal succe