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DraftKings Stock Rebounds From Post-Earnings Plunge
DKNGDraftKings(DKNG) Investopedia·2024-11-08 19:50

Key TakeawaysDraftKings shares rebounded from early losses Friday after the company posted weaker-than-expected earnings, but offered a strong outlook for 2025. The online betting site said it lowered its current-year outlook because of "very customer-friendly" betting outcomes early in the period.With Friday's gains, DraftKings shares have climbed over 13% since the start of the year. DraftKings (DKNG) shares rebounded from early losses Friday after the company posted weaker-than-expected earnings, but off ...