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ON AUGUST 3RD, the DraftKings stock price closed at $16.82, down significantly from its 52-week high of $64.58. People are gambling on sports, but the companies aren¡¯t benefiting ¡ª at least, not on Wall Street. So what gives?
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"I think at one point everyone's been fooled with the fake accounts," Salmons said. "To me, you get one shot at being wrong and then, after that, you need to verify what you're seeing is actually true. I think for the most part, we've done a pretty good job with that."
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