DKNG Sentiment Craters as Traders Wonder Out Loud “Is Draftkings Dead?”

Getty Images Quick Read DraftKings (DKNG) posted a $256.8M net loss in Q3 despite $1.14B in revenue. Analysts cut DraftKings price targets by 18% to 22% citing rising competitive threat from prediction markets. DraftKings operates with negative 23.8% operating margins while spending $1.09B on marketing in Q3. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire earlier than expected. take 5 minutes to learn more ...