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via benzinga.comMarkets

DraftKings stock plunges after double miss and full-year guidance cut

FROM THE WIRE · BENZINGA.COM

DraftKings Inc. (NASDAQ:DKNG) shares are trading lower Friday after the company reported worse-than-expected third-quarter results Thursday after the market closed and lowered its fiscal 2026 guidance.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe cut to 2026 guidance and results below expectations weigh on the stock and the online gaming sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01DraftKings shares are trading lower on Friday.
  2. 02The company reported worse-than-expected third-quarter results after the market closed Thursday.
  3. 03DraftKings lowered its fiscal 2026 guidance.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
DraftKings Inc.DKNGStock23.52 USDMarket closedtoday +1.77%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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