DraftKings and Penn Entertainment Rise Amid Market Rally and Sector Recovery
ByAinvest
Monday, Mar 23, 2026 10:20 am ET1min read
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DraftKings and Penn Entertainment stocks are rising as President Trump's comments on Iran boost risk assets and revive beaten-down consumer cyclicals. DraftKings reported Q4 2025 revenue of $1.99B, up 42.8% YoY, and Penn Entertainment posted 73% YoY online sportsbook growth and 40% iCasino growth. Both companies have had a rough stretch, but their strong fundamentals and discounted prices make them attractive investments.
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