DraftKings Stock Slides on Wider-Than-Expected Quarterly Loss and Revenue Miss

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https://www.barrons.com/articles/draftkings-dkng-stock-sports-betting-earnings-51636105392


Updated Nov. 5, 2021 7:44 americium ET / Original Nov. 5, 2021 7:16 americium ET

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DraftKings, the online sports betting company, was falling sharply successful premarket trading Friday aft reporting a third-quarter nonaccomplishment wider than analysts’ expectations and gross that missed forecasts.

DraftKings (ticker: DKNG) posted a quarterly nonaccomplishment of $1.35 a stock connected gross of $213 million.

Analysts expected DraftKings to study a third-quarter...


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