"DraftKings Reports Mixed Q4 Results and Revenue Growth, Stock Takes a Hit"
DraftKings reported mixed Q4 results with improved adjusted earnings but slower revenue growth, while also announcing a $750 million acquisition of lottery app Jackpocket. The company's expansion into new states and partnerships with NASCAR and Barstool Sports signal its continued growth in the gambling industry. Despite the volatility in after-hours trading, DraftKings stock has rallied over 26% this year.