DraftKings shares are trading higher after the company reported better-than-expected Q3 financial results and raised its 2023 revenue guidance midpoint to above the analyst consensus estimate.
Portfolio Pulse from Benzinga Newsdesk
DraftKings reported better-than-expected Q3 financial results and raised its 2023 revenue guidance midpoint to above the analyst consensus estimate. This has led to a rise in the company's share prices.
November 02, 2023 | 8:49 pm
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DraftKings' shares are trading higher following the company's strong Q3 results and increased 2023 revenue guidance.
DraftKings' better-than-expected Q3 results and raised 2023 revenue guidance are positive indicators of the company's performance and future prospects. This has led to increased investor confidence, reflected in the rise in the company's share prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100