Draftkings Q3 (modest) miss prompts profit-taking
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Draftkings Inc (NASDAQ:DKNG) experienced a nearly 6% drop in share price after-hours due to a modest miss in its Q3 earnings, despite an otherwise strong performance.
November 08, 2024 | 8:45 am
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Draftkings Inc shares fell nearly 6% after-hours due to a modest Q3 earnings miss, despite an otherwise strong performance.
The nearly 6% drop in Draftkings' share price after-hours is directly linked to the modest Q3 earnings miss. This indicates a negative short-term impact on the stock price as investors react to the earnings report.
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