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Stock impact report

DraftKings Just Launched Its Prediction Market App. Should You Make a Bet on DKNG Stock Here? [Yahoo! Finance]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Yahoo! Finance
This does not come as a surprise, with the company missing earnings estimates in Q2 and revenue estimates in Q3. Additionally, DraftKings has lowered its revenue outlook for 2025. While earnings have disappointed, prediction markets can be a key growth catalyst. Recently, DraftKings launched its prediction market app in 38 states, including California, Texas, and Florida. Chevron Could Raise Its Dividend Next Month - CVX Stock Looks Too Cheap As Google Launches Gemini 3 Flash, Should You Buy, Sell, or Hold GOOGL Stock? Analysts Are Hot on the Foldable iPhone. Should You Buy AAPL Stock Before Apple's Next Big Product Launch? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. To put things into perspective, it's expected that prediction markets could reach one trillion dollars in trading volumes by the end of the decade. With prediction markets already launched in all 50 states, the addressable marke Show less Read more
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