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0 0 0.00173447537473225 0.00770877944325481 0.000428265524625182 0.00556745182012844 0.00685224839400429 0.00813704496788014
Stock impact report

Prediction Markets Are Booming. This Little Stock Could Sell Its Data to Kalshi and Polymarket. [Yahoo! Finance]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Yahoo! Finance
That drop was mainly caused by its acquisition of Legend, a digital sports and gambling media company, in a dilutive, debt-driven $1.2 billion deal. Its steeper-than-expected losses over the past few quarters exacerbated that pressure. However, some contrarian investors believe Genius could bounce back as a proxy play on growing prediction markets like Kalshi and Polymarket. Let's see how that could happen, and if those headwinds could drive Genius' stock higher over the next few years. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Does Genius sell any data to Kalshi and Polymarket today? Genius generates most of its revenue by selling its data to more than 300 sportsbooks like DraftKings (NASDAQ: DKNG) and FanDuel. It also sells its real-time sports data to media companies (f Show less Read more
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