DraftKings Stock Has Slumped. Insiders Bought Up Shares.

DraftKings stock has slumped this year, but three directors recently bought $2.6 million of shares of the sports-betting company.

These are the first open-market purchases of stock by insiders since DraftKings went public in early 2020 through a special-purpose acquisition company.

DraftKings (ticker: DKNG) stock has slipped 23% so far this…