Wall Street is still bullish on sports betting stocks ahead of NFL season despite mixed results

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Markets,Rush Street Interactive Inc,Roundhill Sports Betting & Igaming ETF

The NFL season has historically been a positive time for at least one leading sportsbook stock.

The start of the NFL season presents a new chance for fans to dream about a Super Bowl run, and for investors in sports gambling stocks to hope for a big rally. Sports betting has become a regular presence in broadcasts and advertising, but that doesn't mean the stocks tied to those companies are booming. DraftKings , which is arguably the most representative stock of the U.S. online betting industry, was down 2.8% year to date entering Thursday.

Wells Fargo says liquefied natural gas market will grow as supply boom drives prices lower. Stocks to play the trend

 

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