DraftKings Stock Drops After Reporting Mounting Operating Losses in Q4
DraftKings' (NASDAQ: DKNG) stock crashed more than 20% on Feb. 18, the day it announced fourth-quarter and 2021 earnings. The market was not pleased with mounting losses on the bottom line.
The sell-off took the wind out of the company's chance to celebrate another year of accelerating revenue growth. Let's review.
Source Fool.com