DraftKings began trading April 24 after completing a reverse merger, and it's been one of the hottest stocks this year. Robinhood investors are bullish on DraftKings despite its underwhelming financials, with the company incurring losses totaling $230.1 million through the first six months of 2020. However, sales of $159.5 million look strong during that period, rising 27% year over year.