DraftKings Stock Surges as Online Betting Company Boosts Revenue Outlook

Text size DraftKings reported revenue of $466 million for the second quarter, beating Wall Street estimates. Scott Eisen/Getty Images for DraftKings DraftKings gave investors a nice surprise Friday. The online…

DraftKings (DKNG) Q4 2021 earnings

Shares of DraftKings fell 21.6% Friday after it posted fourth-quarter earnings that beat analyst estimates for the quarter but revealed the company expects a greater adjusted loss for 2022 than…

DraftKings Is ‘Too Big an Opportunity to Ignore.’ Why the Stock Is a Buy.

Text size Signage at the DraftKings Sportsbook at The Brook ribbon-cutting in October 2020, in Seabrook, New Hampshire. Scott Eisen/Getty Images for DraftKings Online sports betting can stage a strong…

DraftKings Posts Wider-Than-Expected Quarterly Loss. The Stock Slides.

Text size The logo for DraftKings is displayed on a computer. Gabby Jones/Bloomberg DraftKings , the online sports betting company, was falling Friday after reporting a third-quarter loss wider than analysts’…

Hindenburg report targets DraftKings, takes short position

Hindenburg Analysis, an expense exploration business with a concentration in activist quick-offering which also publishes reviews on alleged fraud by other firms, has picked DraftKings (DKNG) as its future target.…

DraftKings (DKNG): Q4 2020 earnings

New England Patriots cornerback Stephon Gilmore (24) stretches in the course of the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston World…