DraftKings Faces Stock Volatility as Prediction Market Expansion Clouds Profitability

Yahoo Finance reports that Bank of America has maintained a neutral rating on DraftKings as the firm balances massive growth in prediction markets against rising customer acquisition costs. While the total addressable market for these speculative products was revised upward to $1

Yahoo Finance reports that Bank of America has maintained a neutral rating on DraftKings as the firm balances massive growth in prediction markets against rising customer acquisition costs. While the total addressable market for these speculative products was revised upward to $1