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DKNG's second-quarter results are likely to benefit from strong user growth, product innovation and acquisitions integration.
DraftKings (NASDAQ: DKNG) has declined 45% from its Oct. 2 high to its Nov. 1 low. Amid that slide, DraftKings stock declined in 16 out of 21 trading sessions. For bulls, it has not been an easy ride.
For the three months ended June 30, 2025, DraftKings reported revenue of $1,513 million, an increase of $408 million, or 37%, compared to $1,104 million during the same period in 2024. The increase in ...
DraftKings’ monthly unique payers (MUPs) increased to 4.3 million in Q1 2025, up from 3.4 million in Q1 2024. However, average revenue per MUP decreased slightly to $108 from $114 in the prior year.
In the latest trading session, DraftKings (DKNG) closed at $42.24, marking a -1.17% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.8% for the day ...
DraftKings’ monthly unique payers (MUPs) increased to 4.3 million in Q1 2025, up from 3.4 million in Q1 2024. However, average revenue per MUP decreased slightly to $108 from $114 in the prior year.