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DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

DraftKings Inc. - Ordinary Shares - Class A

DraftKings Inc

DraftKings sharp selloff follows a Q3 earnings miss and a steeply reduced full-year outlook, with traders focused on heavy spending to expand its Predictions business and weaker-than-expected profitability. Many see the investment and competition from Kalshi and Polymarket as costly risks, while some argue the core sportsbook remains strong and are buying the dip.

Firefly Aerospace, Inc. engages in the design and manufacture of space launch vehicles. The company was founded by Thomas E. Markusic, Mark Watt, and Max Polyakov in January 2017 and is headquartered in Leander, TX.

Firefly Aerospace Inc.

Fireflys multi-year agreement to supply and license rocket engines for AST SpaceMobiles planned heavy-lift rocket is driving attention, with traders viewing it as a major contract and validation of Fireflys technology. The reaction is largely bullish, though some question execution timelines and the deals cash-and-share structure.

Coinbase Global, Inc. engages in the provision of a trusted platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a wide variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers primary financial account for the cryptoeconomy, institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The company was founded by Brian Armstrong and Fred Ernest Ehrsam in May 2012 and is headquartered in New York, NY.

Coinbase Global Inc - Ordinary Shares - Class A

Coinbase Global Inc

Coinbases steep post-earnings decline and fresh lows dominate, with traders questioning the strength of its underlying business amid weaker crypto trading activity. Bitcoins slump and fears over the Binance hack add pressure, while some traders argue Coinbase could benefit if customers move assets from Binance.

Capricor Therapeutics, Inc. is a clinical-stage biotechnology company, which focuses on the development of transformative cell and exosome-based therapeutics for treating Duchenne muscular dystrophy (“DMD”), a rare form of muscular dystrophy which results in muscle degeneration and premature death, and other diseases with unmet medical needs. Its product candidate consists of CAP-1002, Engineered Exosomes, CAP-2003, and Exosome-Based Vaccine. The company was founded on June 17, 1996 and is headquartered in San Diego, CA.

Capricor Therapeutics Inc

Attention centers on the pending FDA decision on Capricors deramiocel for Duchenne muscular dystrophy, with bullish traders citing HOPE-3 upper-limb results and a letter from trial investigators urging approval. Others warn approval is uncertain given regulatory and data concerns; short-squeeze and options activity add to the speculation around the decision.

AppLovin Corp. engages in the development and operation of a mobile marketing platform. It offers AppDiscovery, MAX, Adjust, and SparkLabs. Its software-based platform caters to mobile application developers to improve the marketing and monetization of applications. The company was founded by Andrew Karam, John Krystynak, and Adam Foroughi in 2011 and is headquartered in Palo Alto, CA.

Applovin Corp - Ordinary Shares - Class A

Applovin Corp

AppLovins stronger-than-expected quarterly results, upbeat outlook and expanded share-repurchase authorization have driven a sharp rebound after a prolonged selloff. Bulls point to improving performance from its AI-powered advertising model, while skeptics warn the rally may be overextended and question whether growth can be sustained.

Celsius Holdings, Inc. engages in the development, marketing, sale, and distribution of functional drinks and liquid supplements. It also offers post-workout functional energy drinks and protein bars. The company was founded in April 2004 and is headquartered in Boca Raton, FL.

Celsius Holdings Inc

CELHs quarterly results beat expectations, driving a rebound as traders highlighted Alani Nus growth and international expansion. The reaction is tempered by concerns over declining revenue for the core Celsius brand and compressed gross margins.

Western Digital Corp. engages in the development, manufacture, marketing, and sale of data storage devices and solutions. It operates through the Hard Disk Drives (HDD) segment. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.

Western Digital Corp.

A broad memory and AI-infrastructure selloff is driving attention to WDC, with traders linking the weakness to concerns that political resistance could slow data-center construction and storage demand. Bulls call the drop excessive and point to strong company fundamentals, while others worry that AI spending or the storage cycle may be peaking.

Axon Enterprise, Inc. engages in the development, manufacture, and sale of conducted electrical weapons for personal defense. It operates through the TASER segment and Software and Sensors segment. The TASER segment sells conducted electrical weapons, accessories, and other related products and services. The Software and Sensors segment includes devices, wearables, applications, cloud, and mobile products. The company was founded by Patrick W. Smith and Thomas P. Smith on September 7, 1993 and is headquartered in Scottsdale, AZ.

Axon Enterprise Inc

Axon shares sold off sharply after a quarterly earnings miss and a reduced full-year outlook, with federal procurement delays cited as a headwind. Traders are split between viewing the drop as an oversold buying opportunity and seeing it as a justified repricing given valuation and concerns about profitability and margins.

TeraWulf, Inc. owns and operates fully integrated environmentally clean bitcoin mining facilities in the United States. It will generate domestically produced bitcoin powered by nuclear, hydro, and solar energy. It operates through the Digital Asset Mining and HPC Leasing segments. The company was founded by Paul B. Prager and Nazar M. Khan on February 8, 2021 and is headquartered in Easton, MD.

TeraWulf Inc

TeraWulfs Q3 results and Googles credit backstop for financing tied to its Anthropic-linked Kentucky data-center lease are driving discussion, with traders also highlighting a Fluor construction agreement. Bulls see the developments as reducing financing risk and supporting growth, while bears argue that debt, buildout execution and sector or political headwinds outweigh the positive news.

The Charles Schwab Corp. is a savings and loan holding company, which engages in the provision of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates through the Investor Services and Advisor Services segments. The Investor Services segment includes retail brokerage, investment advisory, and banking and trust services to individual investors, retirement plan and business services, as well as other corporate brokerage services, to businesses and employees. The Advisor Services segment provides custodial, trading, banking and trust, and support services to independent registered investment advisors, independent retirement advisors, and recordkeepers. The company was founded by Charles Robert Schwab in 1986 and is headquartered in Westlake, TX.

Charles Schwab Corp.

Repeated Schwab and thinkorswim outages, login failures, and order-processing problems are driving attention, with traders complaining about missed trades and unreliable quotes. Some say access has returned, but frustration is prompting calls to move accounts to other brokers.

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The decline appears tied to DraftKings weak Q3 results, with revenue of $1.33 billion below expectations, and a sharp cut to FY2026 adjusted EBITDA guidance to $175 million$275 million. The company attributed the lower outlook primarily to $650 million$700 million of planned investment in its Predictions business.

DraftKings Crashes As "Aggressive Prediction Investments" Drive EBITDA Outlook Cut

DraftKings Crashes As "Aggressive Prediction Investments" Drive EBITDA Outlook Cut

 DraftKings shares crashed 24.5% in Friday's premarket trading after the sports betting operator slashed the midpoint of its 2026 adjusted EBITDA forecast to $225 million from $800 million. The mad dash...

DraftKings (DKNG) Reports Q3 Earnings: What Key Metrics Have to Say

The headline numbers for DraftKings (DKNG) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Stocks making the biggest moves after hours: DraftKings, Cloudflare, Airbnb, Atlassian & more

Here are the companies making headlines in extended trading...

DraftKings (DKNG) Reports Q3 Loss, Misses Revenue Estimates

DraftKings (DKNG) delivered earnings and revenue surprises of -152.38% and -3.80%, respectively, for the quarter ended September 2026. Do the numbers hold clues to what lies ahead for the stock?

DraftKings Reports Third Quarter Revenue Growth of 16%

DraftKings Inc. (Nasdaq: DKNG) (DraftKings or the Company) today announced its third quarter 2026 financial results. The Company also posted a third quarter 2026 business update and a slide presentation on the Financials section of its website at ir.aboutdraftkings.com. Third Quarter 2026...

Flutter Entertainment (FLUT) Reports Q3 Loss, Lags Revenue Estimates

Flutter (FLUT) delivered earnings and revenue surprises of -194.74% and -2.34%, respectively, for the quarter ended September 2026. Do the numbers hold clues to what lies ahead for the stock?

Super Group (SGHC) Limited (SGHC) Q3 Earnings Surpass Estimates

Super Group (SGHC) (SGHC) delivered earnings and revenue surprises of +75.00% and -0.49%, respectively, for the quarter ended September 2026. Do the numbers hold clues to what lies ahead for the stock?

DKNG Gears Up for Q3 Earnings: Sportsbook Growth & Costs in Focus

DraftKings heads into Q3 with sportsbook momentum, rising iGaming and Predictions growth, but elevated marketing costs and investments may weigh on profitability.

DraftKings Earnings This Week: Here's What Investors Need to Know

DraftKings shares are in the spotlight Monday ahead of earnings, with sports outcomes, prediction markets and mixed technicals in focus.read more...

Is DraftKings (DKNG) a Buy as Wall Street Analysts Look Optimistic?

Based on the average brokerage recommendation (ABR), DraftKings (DKNG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

$DKNG Q3 &#39;26 Earnings Results &amp; Recap

DraftKings introduced FY2027 revenue guidance of $7.35B to $7.75B and Adjusted EBITDA guidance of $800M to $1B, including $300M Predictions investment at midpoint.

Stocktwits

 Q3 '26 Earnings Results & Recap

DraftKings introduced FY2027 revenue guidance of $7.35B to $7.75B and Adjusted EBITDA guidance of $800M to $1B, including $300M Predictions investment at midpoint.

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Stocktwits Earnings

DraftKings introduced FY2027 revenue guidance of $7.35B to $7.75B and Adjusted EBITDA guidance of $800M to $1B, including $300M Predictions investment at midpoint.

DraftKings quarterly losses were larger than prior-year losses, FY2026 Adjusted EBITDA guidance reflects $650M to $700M of Predictions investment, and regulatory changes involving prediction markets and event contracts are listed risks.

DraftKings reported 16% Q3 revenue growth and higher Sportsbook net revenue margin, more than 1.6M customers engaged with Predictions year-to-date, and FY2027 core revenue guidance of $6.7B to $7B.

Why IREN, CIFR, DKNG Stocks Crashed To 52-Week Lows Last Week 

Equity

Extremely Bullish Sentiment

<ul class="summary-bullets"><li>IREN stock hit a yearly low of $26.55 on concerns about AI infrastructure investments.&nbsp;</li><li>Cantor Fitzgerald cut Cipher Mining’s price target to $19 from $28, citing rising AI data center costs.&nbsp;</li><li>DraftKings stock hit a more-than-three-year low of $18.35 amid NBA betting restrictions.&nbsp;</li></ul><p>IREN (IREN), Cipher Mining Inc. (CIFR) and DraftKings Inc. (DKNG) stocks hit fresh 52-week lows on Friday as investors reacted to mounting concerns about AI infrastructure spending and new limits on sports betting.&nbsp;</p><p>IREN and Cipher Mining stocks slumped 11% and 10%, respectively, while DraftKings stock dropped 2%.&nbsp;</p><h2 class="st-heading-2">AI Spending Concerns Shake IREN</h2><p><a href="https://stocktwits.com/symbol/IREN">IREN stock</a> dropped to an annual low of $26.55 as investors reassessed the long-term value of companies building computing capacity for AI workloads. A warning from research firm Gartner suggested that more than $3.5 trillion in cumulative AI infrastructure investments through 2030 could face financial impairment.&nbsp;</p><p>The concern centers on whether specialized computing providers can maintain profits as major cloud companies develop their own chips and expand internal infrastructure. However, IREN continues to expand its Texas data center operations and increase its Nvidia GPU capacity. On Stocktwits, retail sentiment around the stock remained ‘extremely bullish’.&nbsp;</p><h2 class="st-heading-2">Cipher Mining Faces Valuation Pressure</h2><p><a href="https://stocktwits.com/symbol/CIFR">Cipher Mining stock</a> also fell to a yearly low of $8.78 after Cantor Fitzgerald analyst Brett Knoblauch slashed his price target on CIFR to $19 from $28 while maintaining an ‘Overweight’ rating. The lower price target reflects rising costs to connect power, tighter profit expectations, construction cost overruns, and growing local opposition to new AI data centers.&nbsp;</p><p>These pressures have made investors more cautious about the cost of converting cryptocurrency mining infrastructure into facilities capable of supporting advanced computing. The company also proposed a private sale of $850 million in convertible senior notes maturing in 2031. Retail sentiment around the stock remained ‘extremely bullish’.&nbsp;</p><h2 class="st-heading-2">NBA Betting Rules Add To DraftKings' Challenges</h2><p><a href="https://stocktwits.com/symbol/DKNG">DraftKings stock</a> fell to over a three-year low of $18.35 after the National Basketball Association introduced restrictions affecting several player-specific wagers offered through authorized sportsbooks. The changes target certain combinations of statistical under bets, along with wagers tied to opening tips, missed shots, and players expected to receive limited playing time.</p><p>As a result, DraftKings must balance product growth with changing league rules and regulatory expectations. The gambling company is also facing competitive pressure from Prediction-market platforms such as Kalshi and Polymarket.&nbsp;&nbsp;</p><p>So far this year, DKNG, IREN and CIFR stocks have declined between 28% and 45%.</p><p>Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/why-did-xom-v-team-stocks-hit-52-week-highs-last-week/cZx8BkvRBtz">Why Did XOM, V, TEAM Stocks Hit 52-Week Highs Last Week?</a></p><p><i>For updates and corrections, email newsroom[at]stocktwits[dot]com.</i></p>

In this photo illustration, the IREN Limited logo is seen displayed on a smartphone screen. (Source: Getty Images)

IREN (IREN), Cipher Mining Inc. (CIFR) and DraftKings Inc. (DKNG) stocks hit fresh 52-week lows on Friday as investors reacted to mounting concerns about AI infrastructure spending and new limits on sports betting.

Why IREN, CIFR, DKNG Stocks Crashed To 52-Week Lows Last Week

The declines reflected challenges across data center development and online gambling.


Cipher Digital Inc.

IREN Limited

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Fundamental analysis looks at earnings, valuation, and business quality, while technical analysis focuses on chart patterns, price action, and indicators, and many investors blend the two. How do you decide what to buy: fundamentals or technicals? Vote and explain your reasoning in the comments.

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The stock plummeted as investors react to the aggressive, multi-million dollar cash burn fueling the company's high-risk pivot into prediction markets.

Shareholders are calling for a leadership change, citing CEO compensation packages and strategic errors that have led to massive earnings misses.

Frustrated traders argue the core business lacks a competitive moat, facing intense pressure from prediction platforms and saturated industry peers.

Speculators are debating whether the technical floor is truly in or if this volatility requires waiting for the traditional three-day fallout to finish.

Current Price	$17.10
Prev Close	$23.52
Open	$17.25
Dividend Yield	0.00%
50-Day Moving Average	$21.62
Beta	1.23
Avg. Volume	12.89M
PE Ratio	-63.14

52-Week High	$36.98
52-Week Low	$18.35
Market Capitalization	$20.92B
EPS (Annual)	-$0.0081
Price to Book	20.49
Revenue Per Employee	$1.1M

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