{"id":202012,"date":"2022-02-18T11:01:55","date_gmt":"2022-02-18T19:01:55","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=202012"},"modified":"2022-02-18T11:30:22","modified_gmt":"2022-02-18T19:30:22","slug":"draftkings-2022-outlook-disappoints-stock-tumbles","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/draftkings-2022-outlook-disappoints-stock-tumbles\/","title":{"rendered":"DraftKings Plunges as 2022 Guidance Highlights Profitability Concerns"},"content":{"rendered":"
Shares of DraftKings (NASDAQ:DKNG) are lower by almost 20 percent on volume that’s more than double the daily average in midday trading. That’s after the online sportsbook operator presented investors with 2022 guidance that further accentuates its long road to profitability.<\/p>\n