Topic
Topic
Wells Fargo cut DraftKings to a lower rating after the company trimmed 2026 EBITDA guidance by 72% to $225 million, paused buybacks, and flagged regulatory risk to its new Predictions product.
DraftKings shares dropped 23.6% to $17.90 after the company cut its 2026 revenue outlook and put up to $700 million into predicti…
Rebel Audio has closed a $10 million Series A round led by a DraftKings co-founder, according to The Business Journals, its first…
A Fullstory survey of 1,000-plus US bettors finds 35% cutting sportsbook use as Kalshi and Polymarket exploit the same regulatory…
