DraftKings (DKNG) Stock Plunges 15% After Weak 2026 Outlook Overshadows Q4 Beat

TLDR DraftKings posted Q4 revenue of $1.99 billion, up 43% year-over-year, but adjusted EPS of $0.36 fell short of the $0.39 Wall Street estimate The stock plunged 15.2% after the company guided 2026 revenue to $6.5-$6.9 billion versus analyst expectations of $7.3 billion DraftKings forecasted 2026 adjusted EBITDA of $700-$900 million, missing the $981 million [...]

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