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

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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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  1. Quartz Leans left Factuality: High US
    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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