DraftKings Stock Plunges 20% as $700 Million Prediction Markets Bet Tests Investor Patience
DraftKings is betting hundreds of millions of dollars on customers it may not be allowed to serve with the same products two years from now. Wall Street is not buying the math just yet, and shares of the online gaming company plunged nearly 30% following its third-quarter earnings report Thursday (Nov. 5) and investor call […] The post DraftKings Stock Plunges 20% as $700 Million Prediction…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.
