DraftKings Reports Earnings Friday. Investors Want to See a Path to Profits. – Barrons

Show us the money.

DraftKings shares (ticker: DKNG) have fallen more than 60% since Labor Day as investors worry about the company’s heavy losses and whether the online sports gambling industry will ever make much money, given the intense competition.

The shares were off 3.9%, at $22.10, in late-afternoon trading Thursday.