DraftKings’ Prediction-Market Ranking Is Not Entirely ‘Clear’
DraftKings trimmed its revenue guidance for the rest of 2026 in its third-quarter earnings report released Thursday afternoon, causing its stock to fall by about 28% to $16.91 per share in the first two hours after the market opened Friday morning. Its new fiscal year 2026 revenue guidance range is $6.35 billion to $6.55 billion, […]
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