DraftKings Stock Near 2-Year Lows Ahead of Earnings

The stock is down nearly 24% since the start of the yearDraftKings Inc (NASDAQ:DKNG) is gearing up for its fourth-quarter report, due out after the close tomorrow, Feb. 12. Per Zacks Research, the sports betting company is expected to share earnings of 50 cents per share on revenue of $1.99 billion, both of which would be an increase from the same quarter a year ago. Looking back, DKNG has finished five of its last eight post-earnings sessions higher, including an 8.6% pop in November. The shares have avera ...