Wells Fargo downgrades DraftKings to parity on view there’s a long way to go to recovery

news7g02/22/2022

16 Less than a minute

Wells Fargo downgrades DraftKings to parity on view there's a long way to go to recovery

Shares of DraftKings fell more than 21% on Friday after the company forecast a higher-than-expected adjusted EBITDA loss for 2022.

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