DraftKings stock (DKNG) slides premarket after 2026 forecast misses, prediction markets spend in focus
DraftKings shares dropped about 15% in premarket trading Friday after its 2026 revenue and profit outlook missed Wall Street estimates. The company cited higher spending on its new federally regulated prediction markets platform. Fourth-quarter revenue rose 43% to $1.989 billion, but the number of monthly unique payers was flat at 4.8 million, below forecasts.