DraftKings Shares Gain as CEO Signals Rapid Predictions Growth Ahead of NFL Season
DraftKings shares are edging higher Friday morning as traders digest mixed Q2 results and upbeat commentary around its Predictions product.
DraftKings had okay results but excited people about a new prediction product launching before football season. When a company shows enthusiasm about something new, it hints they believe customers will want it—which is worth watching to see if they're right.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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