DraftKings says lack of March Madness upsets kept it from raising its forecast, but shares rally

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DraftKings says lack of March Madness upsets kept it from raising its forecast, but shares rally

marketwatch.com/story/draftkings-says-lack-of-march-madness-upsets-kept-it-from-raising-its-forecast-but-shares-rally-5d54328b

Sports-betting platform DraftKings Inc. reported a narrower-than-expected loss for the first quarter, but said that “customer-friendly sport outcomes in March” — that is, people winning bets — kept it from raising its full-year sales outlook.

This story appeared on marketwatch.com, 2025-05-08 21:44:00.