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via benzinga.comBusiness & Companies

DraftKings analysts slash forecasts after downbeat Q3 results

FROM THE WIRE · BENZINGA.COM

DraftKings Inc. (NASDAQ:DKNG) reported worse-than-expected third-quarter results and lowered its fiscal 2026 guidance, after the closing bell on Thursday.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishWeaker-than-expected quarterly results and lower fiscal 2026 guidance can weigh on the DraftKings stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01DraftKings reported worse-than-expected third-quarter results.
  2. 02The company lowered its fiscal 2026 guidance.
  3. 03Analysts cut their forecasts after the release.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
DraftKings Inc.DKNGStock18.51 USDMarket closedtoday -21.30%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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