DraftKings Shares Plunge as Company Bets on Prediction Markets
DraftKings stock fell over 26% after the company slashed its profit forecast to fund $700 million in prediction market investments.
Resolved Above 9.5% No 12h ago3 stories · 3 markets · RSS
How much the press wrote about DraftKings each day, and what its busiest market did over the same days.
| Time | Chance of yes |
|---|---|
| now | 72% |
| 5 Nov, 19:15 UTC | 72% |
DraftKings stock fell over 26% after the company slashed its profit forecast to fund $700 million in prediction market investments.
Resolved Above 9.5% No 12h agoModerna lifts its 2026 revenue growth forecast to 15-25% after beating quarterly estimates, while Airbnb reports strong gains and DraftKings falls.
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