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NASDAQ:GEMI 11 December 2025

Gemini Space Station (GEMI) Stock News Today: Prediction Markets License, Q3 Losses and 2026 Forecasts – December 11, 2025

Gemini Space Station (GEMI) Stock News Today: Prediction Markets License, Q3 Losses and 2026 Forecasts – December 11, 2025

Gemini Space Station shares surged as much as 13.7% after its affiliate won a U.S. license to run prediction markets, before retreating to $11.36 by early afternoon December 11. The stock remains about 60% below its $28 IPO price. CEO Tyler Winklevoss thanked President Trump and regulators for support. The new license allows Gemini to offer event-based contracts to U.S. customers.
11 December 2025
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Stock Market Today

  • DraftKings Stock Faces Uncertainty as 2026 Revenue Guidance Sparks Investor Caution
    April 9, 2026, 6:11 PM EDT. DraftKings (NASDAQ:DKNG) trades near $23.94, holding a 0.79% upside to the $24.13 price target by 24/7 Wall St. Despite strong Q4 revenue growth of 42.82% and first-ever full-year GAAP profit, shares dropped nearly 25% over the past year. The stock is caught between proven profitability and heavy investment in its new Predictions platform, which isn't yet included in 2026 revenue guidance of $6.5 billion to $6.9 billion, raising investor concerns. The CEO highlights Predictions as a major growth driver from a $10 billion market opportunity, with recent record volume spikes. Analysts remain mostly bullish, pushing consensus targets above $36, though risks include execution challenges and margin pressures from state tax rises.

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