DraftKings Analysts Defend Stock Following SlumpWritten by: Todd Shriber

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Analysts covering DraftKings (NASDAQ:DKNG) are defending the stock today after it tumbled more than six percent last week on a glum third-quarter earnings report and tepid revenue outlooks for 2021 and 2022. The online sportsbook operator lost $1.35 a share in the September quarter — well below the loss of $1.06 analysts expected. DraftKings also
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