DraftKings (DKNG) Stock Drops Despite Market Gains: Important Facts to Note

In the latest market close, DraftKings (DKNG) reached $36.64, with a -0.27% movement compared to the previous day. This change lagged the S&P 500's daily gain of 1.02%. Meanwhile, the Dow experienced a rise of 1.09%, and the technology-dominated Nasdaq saw an increase of 1.18%. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.26 per share and revenue of $4.99 billion. These totals would mark changes of +84.97% and +36.15%, respectively, from last year. I ...