DraftKings stock jumps more than 6% on Michael Jordan investment

NBA legend Michael Jordan is taking an equity interest in DraftKings Inc. and becoming a special adviser to the online sports-betting company’s board of directors. DraftKings shares rose as much as 12% at the start of trading Wednesday and were up 6.3% to $39.25 at 10:03 a.m. in New York.

Read More at Fortune

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