“This is a little bit of a period where people are concerned because there’s something that’s new, and it’s an unknown,” DraftKings CEO says.

DraftKings Inc (NASDAQ:DKNG) stock is trading lower Wednesday after rival FanDuel parent Flutter Entertainment reported a second-quarter earnings miss and slashed its full-year…

FanDuel parent Flutter's stock dropped by more than 11% after its earnings report. Flutter disclosed an evolution in its joint-venture with CME Group.