DraftKings Plunges on 2027 Forecast That Misses Estimates
Paywall
DraftKings Inc. gave a forecast for earnings in 2027 that missed the average analyst estimate, while also cutting its outlook for fiscal 2026. Third-quarter revenue also fell short of expectations. The shares fell 19% in extended trading.
DraftKings Inc. gave a forecast for earnings in 2027 that missed the average analyst estimate, while also cutting its outlook for fiscal 2026. Third-quarter revenue also fell short of expectations. The shares fell 19% in extended trading.
Read the full article on Bloomberg
Read Full Article →