DraftKings, Inc. Hits 52-Week Low at USD 28.38 Amidst Declining Stock Performance

DraftKings, Inc., a mid-cap player in the Media & Entertainment industry, has reached a new 52-week low of USD 28.38 as of November 4, 2025. This decline marks a significant downturn for the company, which has seen its stock price drop by 24.81% over the past year, contrasting sharply with the S&P 500's performance of 19.89% during the same period.
The company's market capitalization stands at USD 42,335 million, reflecting its mid-cap status. DraftKings is currently operating at a loss, as indicated by its negative price-to-earnings ratio and a return on equity of -25.96%. Additionally, the stock has a price-to-book ratio of 41.93, suggesting a high valuation relative to its book value.

Despite some positive operational metrics reported earlier in the year, such as a peak operating cash flow of USD 513.67 million, the company faces challenges, including a negative EBITDA and a decrease in promoter confidence, with stakeholders reducing their stake by 1.54%. This combination of factors has contributed to DraftKings' underperformance in the market over the last year.