
Will Draft Kings (DKNG) stock hit $37.00 per share by March 31, 2024?
3
Ṁ107Ṁ41resolved Nov 14
Resolved
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DraftKings (DKNG) just reported better-than-expected third quarter results. The online sports betting company reported a narrower adjusted loss than expected, $0.35 per share versus a $0.67 estimate. Revenue of $790.0 million topped estimates of $702.7 million. The company also raised its full-year revenue guidance. The morning after reporting, DKNG is was hovering around $31.50. With the NFL season halfway over, and the Super Bowl/NCAA Tourney coming, plus a major challenge from FanDuel, how will the "King" react?
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