{"id":134048,"date":"2020-04-25T04:00:37","date_gmt":"2020-04-25T11:00:37","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=134048"},"modified":"2020-04-26T10:35:36","modified_gmt":"2020-04-26T17:35:36","slug":"draftkings-soared-in-day-one-of-trading-but-profitability-is-a-way-off","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/draftkings-soared-in-day-one-of-trading-but-profitability-is-a-way-off\/","title":{"rendered":"DraftKings Soars in NASDAQ Debut, Closes Below Opening Print as Investors See Long Road to Profitability"},"content":{"rendered":"
DraftKings (NASDAQ:DKNG) jumped 10.38 percent in its first day as a public company on Friday. But the newly minted stock closed below its opening print, as some investors ponder how long it’ll take for the sportsbook operator to turn a profit.<\/p>\n