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0 0.00117536436295262 0.00141043723554307 0.000940291490362159 0 0.00164551010813353 -0.000940291490361992 -0.000940291490361992
Stock impact report

The Surprising Risks of DraftKings (DKNG), Why The House Doesn't Always Win [Yahoo! Finance]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Yahoo! Finance
Despite this growth, the company missed analyst expectations. The adjusted EBITDA targets for 2024 were also lowered to $260 million from the prior $380 million. With regulatory uncertainty surrounding the stock, it seems to have too many issues for the average investor's liking. DraftKings Inc. is an online gaming company based in the United States with headquarters in Boston, Massachusetts. The firm specializes in online sports betting and daily fantasy sports. Founded in 2012, DraftKings is one of the innovative industry tools that seem to bring fantasy sports together with conventional sports betting through cutting-edge technology. The core products for DraftKings include daily fantasy sports contests, a full-service sportsbook for placing bets on any type of sporting event and iGaming service in the form of casino-style games. Revenue is primarily generated through entry fees for fantasy contests, betting activity on its sportsbook, and online casino gaming. It has also expa Show less Read more
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