So that's the story. And that fair market value Fox might be staring at is likely to be quite high. Sports betting stocks are soaring right now as the United States market continues to grow and sports are back from their pandemic hiatus. FanDuel's arch rival, DraftKings, saw its stock hit an all-time high of over $74 on Friday, though it has pulled back to below $68. DraftKings' market capitalization is $26.94 billion.