Business
from24/7 Wall St.
3 days agoDraftKings Craters 6% as Predictions Product Costs Spook Investors
DraftKings stock fell 6% due to concerns over costs associated with its new Predictions product, which won't generate revenue until 2026.
Shares of Microsoft (NASDAQ:MSFT) gained 0.50% over the past five trading sessions, doing little to deter the stock's strong performance over the past month that has resulted in a gain of 16.09%. Year-to-date, the tech behemoth is now up 9.28% as it continues to reward investors with a dividend that currently yields 0.73%.