
Shares of DraftKings Inc (NASDAQ:DKNG) are in the spotlight on Thursday after research firm The Bear Cave published a new report detailing a growing competitive threat from prediction markets. Here’s what investors need to know.
What To Know: The report, titled “More Problems at DraftKings,” is a follow-up to a warning issued two weeks ago in which the Bear Cave argued that DraftKings is likely to lose share to prediction market platforms.