Why DraftKings Stock Popped Today

Joe Tenebruso, The Motley Fool
·1-min read
Why DraftKings Stock Popped Today

Shares of DraftKings (NASDAQ: DKNG) rose on Friday, following the release of its fourth-quarter results. DraftKings' revenue soared 146% year over year to $322 million. The gains were fueled by a 44% surge in monthly unique paying customers, to an average of 1.5 million, and a 55% jump in average revenue per payer.