It’s Time to Hit the Breaks on DraftKings Stock Wait for DraftKings stock to pull back a bit before entering a position With sports on hiatus, is now a good time to buy DraftKings (NASDAQ: DKNG )? Not so fast! Despite the obvious impact of the novel coronavirus, the sports betting/fantasy sports giant is near all-time highs. And that’s no surprise. There’s a lot opportunity with DraftKings stock. Legalized sports betting is a major megatrend for this decade.