Stocks in Action USA: DraftKings (DKNG), Roku (ROKU), Airbnb (ABNB)
Reading Time: 3 minutes
DraftKings (DKNG): Higher losses, but optimistic outlook boosts the sports betting provider's stock! Although DraftKings missed expectations for the fourth quarter, the stock still grew. The online sports betting provider reported a quarterly loss of $0.28 per share on revenue of $1.39 billion. Analysts had only expected a loss of $0.17 per share on revenue of $1.4 billion. In the previous year, the loss was $0.10 per share on revenue of $1.23 billion. Despite the missed forecasts, the stock rose by 5.2% after the company raised its revenue...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
