DraftKings is entering the red-hot prediction markets business, launching technology that lets users trade contracts linked to sporting and financial events. DraftKings said event contracts will be ...
DraftKings (DKNG) is downgraded to a sell rating after a disappointing Q3 earnings report and a 20% year-to-date stock decline. DKNG's valuation remains stretched at 31x FY25 adjusted EBITDA, despite ...
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