"DraftKings Stock Plummets on Surprise Q4 Loss and Below-Expectation Sales"

1 min read
Source: MarketWatch
"DraftKings Stock Plummets on Surprise Q4 Loss and Below-Expectation Sales"
Photo: MarketWatch
TL;DR Summary

DraftKings Inc. shares fell over 2% after the sports-betting platform reported a surprise quarterly loss and revenue that met expectations, with a $45 million loss in the fourth quarter compared to a $243 million loss in the year-ago quarter.

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