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via seekingalpha.comBusiness & Companies

DraftKings falls further as downgrades and price target cuts pile in

FROM THE WIRE · SEEKINGALPHA.COM

DraftKings faces analyst downgrades after earnings, with concerns on growth, EBITDA targets, and promotions.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishAnalyst downgrades and target cuts after earnings weigh on the stock over concerns about growth, EBITDA targets and promotions.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Analysts cut their ratings following the earnings release.
  2. 02Concerns cover growth, EBITDA targets and promotional activity.
  3. 03The stock continues to fall after further price target cuts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
DraftKings Inc.DKNGStock18.45 USD-0.35%today -0.35%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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