What DraftKings Says Five NFL Games Will Tell About Q3 Earnings

DraftKings CFO Jason Park must have made investors happy with his comments at the Susquehanna Gambling & Tech Ecosystem Forum last week.

Park discussed multiple positives for DraftKings, including its same-game parlay push for NFL betting, still finding customers in mature states, and even how to get a read on the company’s third-quarter results.

The DKNG stock performed well after his 11 am chat, closing up 4.34% at $16.36. The stock finished north of that price early this week.

Parks provides DraftKings ‘decoder ring’ for third quarter

There are three full weeks of NFL football in the third quarter. That can shape how the overall quarter looks given the slow sports calendars over July and August.

  
Read Full Article