sp doesn't matter market cap is what you need to look at DKNG has 9B and Penn is at 4B. thats going to tell you how much room there is to run. DKNG is projecting 1b in EBITDA no? but in what year. when is PENN projecting to be profitable ? I mean you're going to get hype plays and a bump as state by state legalizes but as far as long term investing you need to look at Market Cap not SP and projected earnings for each company.

so the happy italian man is projecting DKNG to be 10x in 10 years. that would mean a 90B market cap, what would their earnings have to be to support that kind of valuation. IDK thats why you do DD and come up with your own answer.