DraftKings slips after UBS pushes profitability expectation out to 2024

Nov. 15, 2021 10:38 AM ETDraftKings Inc. (DKNG)By: Clark Schultz, SA News Editor18 Comments

Online Fantasy Sports Sites, FanDuel And DraftKings, Under Scrutiny Of Government

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  • UBS slashes its price target on DraftKings (DKNG -0.5%) as it warns on lower profitability due to the sports betting company's higher spending as it enters new states.
  • Analyst Robin Farley and team model for

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