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Barchart
Faisal Humayun Khan

DraftKings Just Launched Its Prediction Market App. Should You Make a Bet on DKNG Stock Here?

The performance of DraftKings (DKNG) stock has been unimpressive, with negative returns of 8% for 2025. This does not come as a surprise, with the company missing earnings estimates in Q2 and revenue estimates in Q3. Additionally, DraftKings has lowered its revenue outlook for 2025. 

While earnings have disappointed, prediction markets can be a key growth catalyst. Recently, DraftKings launched its prediction market app in 38 states, including California, Texas, and Florida. 

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