S&P 500 posts record high close, Trump-linked stocks advance

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This high profile name is well positioned for double-digit revenue growth, these analysts say

November 12, 2024 11:00 PM EST

According to analysts at Macquarie, one sports betting stock is well-positioned for substantial revenue growth, earning a favorable outlook from analysts at the firm, who cite strong player acquisition and retention" as key drivers.

DraftKings (NASDAQ: DKNG) is the stock in question. Despite facing some headwinds, Macquarie highlighted DraftKings' ability to navigate challenges while sustaining impressive metrics, setting the stage for an... More