Three Analysts Downgrade DraftKings on Growth and Profitability Concerns
UBS, JPMorgan and Stifel downgraded DraftKings, citing concerns over slowing growth, profitability and its prediction markets business. UBS cut its rating to Neutral from Buy.
UBS, JPMorgan and Stifel downgraded DraftKings, citing concerns over slowing growth, profitability and its prediction markets business. UBS cut its rating to Neutral from Buy.