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Caesars Entertainment (CZR) Extends Losses on Prediction Market Threats
Yahoo Finance· 2025-10-09 08:53
We recently published 10 Stocks Taking a Nosedive. Caesars Entertainment Inc. (NASDAQ:CZR) is one of the worst performers on Wednesday. Caesars Entertainment Inc. (NASDAQ:CZR) extended its losing streak to a third straight day on Wednesday, shedding 5.17 percent to close at $23.38 apiece as investors continued to unload portfolios in gaming stocks amid growing threats posed by the surging prediction markets. The sector has been under pressure since early this month after Robinhood Markets and Kalshi anno ...
DraftKings (DKNG) Nosedives 11.6% as New Kalshi Product Threatens Business
Yahoo Finance· 2025-10-02 04:45
We recently published 11 Stocks Failing to Keep up With The Market. DraftKings Inc. (NASDAQ:DKNG) is one of the top performers on Tuesday. DraftKings plummeted by 11.59 percent on Tuesday to end at $37.40 apiece after investors unloaded positions to mitigate risks of Kalshi’s launch of a new product that poses a threat to its business. DraftKings Inc. (NASDAQ:DKNG) fell alongside its counterparts after Kalshi announced on Monday its new “build your own combo” parlay product that would allow users to pair ...