DraftKings stock sinks more than 26% as prediction markets bet hammers profit outlook

Summary
DraftKings expects 2026 Adjusted EBITDA of $175 million to $275 million, reflecting $650 million to $700 million in Predictions investment
Description from Quartz.
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DraftKings stock sinks more than 26% as prediction markets bet hammers profit outlook
DraftKings expects 2026 Adjusted EBITDA of $175 million to $275 million, reflecting $650 million to $700 million in Predictions investment
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