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Stock impact report

DraftKings (DKNG) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily gain of 0.32%. Elsewhere, the Dow saw an upswing of 0.53%, while the tech-heavy Nasdaq appreciated by 0.26%. The company's stock has climbed by 14.9% in the past month, exceeding the Consumer Discretionary sector's gain of 5.77% and the S&P 500's gain of 4.51%. Analysts and investors alike will be keeping a close eye on the performance of DraftKings in its upcoming earnings disclosure. On that day, DraftKings is projected to report earnings of $0.41 per share, which would represent year-over-year growth of 241.67%. Meanwhile, the latest consensus estimate predicts the revenue to be $1.4 billion, indicating a 26.83% increase compared to the same quarter of the previous year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.33 per share and a revenue of $6.27 billion, signifying shifts of +226.67% and +31.43%, respectively, from the last year. Investors should also take note of any recent adjus Show less Read more
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