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DraftKings shares fall after it reports larger spending on prediction markets

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Coverage spectrum

Covered by 3 outlets, mostly center (67%).

3 articles in total. The spectrum counts each outlet once and leaves opinion out. How we measure bias

Smartphone screen showing DraftKings logo, with reflection and dollar bills in foreground
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DraftKings shares fell on Friday after the company disclosed in its third-quarter earnings that it is spending as much as $700 million on prediction markets this year, mostly on marketing, according to the Boston Globe, which says that is more than twice the level previously stated. The Globe reports the stock fell 21 percent to $18.51, while MarketWatch puts the drop at more than 26 percent. The Financial Times reports that the company slashed its earnings guidance as it tries to catch up with rivals Kalshi and Polymarket. The Globe says investor skepticism is tied partly to a possible Supreme Court decision on prediction markets, and MarketWatch says analysts worry about regulation and competition.

Headline and summary written by Mantle’s AI from the coverage below, under published rules. Editors read every story. How this works

What happened

Key points

Each point shows who reports it, from Far Left to Far Right.

  1. DraftKings shares fell on Friday after its third-quarter earnings disclosed higher spending on prediction markets.

    Reported byFar Left1Center2See the outletsHide the outlets
    Far Left
    The Boston Globe
    Center
    MarketWatch, Financial Times

  2. The company said it is spending as much as $700 million on prediction markets this year, mostly on marketing, more than twice the level previously stated.

    One outletThe Boston Globe· Far Left

  3. The Boston Globe reports that shares fell 21 percent to $18.51 on Friday.

    One outletThe Boston Globe· Far Left

  4. MarketWatch reports that shares slid more than 26 percent on Friday.

    One outletMarketWatch· Center

  5. The Financial Times reports that DraftKings slashed its earnings guidance.

    One outletFinancial Times· Center

  6. Analysts and investors worry about regulation and competition, including from Kalshi and Polymarket.

    One side only: the centerReported byCenter2See the outletsHide the outlets
    Center
    MarketWatch, Financial Times

What is contested

Where accounts differ

Questions the coverage answers differently, and who says what.

  • Did DraftKings shares fall 21 percent on Friday?

    The Boston Globe reports a 21 percent drop to $18.51, while MarketWatch reports that shares slid more than 26 percent on Friday.

How each side tells it

Compare views

All three outlets report that DraftKings shares fell on Friday after it disclosed heavier spending on prediction markets. The Globe stresses the $700 million outlay and a 21 percent drop, while MarketWatch and the Financial Times focus on competition from Kalshi and Polymarket.

  • the left

    1 outlet

    The one left-side outlet, the Boston Globe, leads with the stock slide and investor skepticism over the spending disclosure, and its headline reports the market reaction rather than the spending figure.

    DraftKings stock takes a hit after disclosing just how much it’s spending in prediction market expansion
    The Boston GlobeFar LeftAll left-leaning headlines

  • the center

    2 outlets

    Both center outlets lead with the stock drop and the cost of the prediction-market push, with MarketWatch calling the bet expensive and the Financial Times stressing the rivals Kalshi and Polymarket.

    DraftKings slashes earnings guidance as it bets on new prediction market business
    Financial TimesCenterAll center headlines

  • the right

    No coverage yet

    No right-leaning outlet that Mantle follows has covered this story yet. That absence is part of the picture.

The words they chose

Language to notice

Words that carry a judgement beyond the facts. Tap a highlighted word anywhere on the page to see why.

  • Left0

    No loaded words in its own voice.

  • Center1

    crushing

  • Right

    Has not covered this story.

In the outlets’ own words

  • Sensational language

    crushingMore neutral: is weighing on

    “Crushing” adds drama beyond the reported slide of more than 26 percent.

    DraftKings’ expensive bet on prediction markets is crushing its stock

    Used byMarketWatch (Center)

See the full language guide

See for yourself

Side by side

What each side leads with and what it leaves out. Open a side to read its headlines.

From the left

1 outlet

Leads with

  • 21 percent share drop
  • spending of up to $700 million
  • investor skepticism tied to a Supreme Court decision
See the headline from the leftHide the headlines
  • The Boston GlobeFar Left

    DraftKings stock takes a hit after disclosing just how much it’s spending in prediction market expansion

    DraftKings is doubling down on its expansion into the prediction markets, but investors don’t seem to consider that move a safe bet. Shares in the Boston-based online gambling company, best known for its sports-betting app, plunged 21 percent on Friday to $18.51, after it …

    Read at The Boston Globe (opens in a new tab)

From the center

2 outlets

Leads with

  • stock slide and analyst worries
  • rivals Kalshi and Polymarket
  • cut to earnings guidance
See the 2 headlines from the centerHide the headlines

From the right

0 outlets

No right-leaning outlet that Mantle follows has covered this story yet. That absence is part of the picture.

The stories you read build My Mix, a private picture of which sides cover the stories you choose, kept on this device. What is My Mix?

The left is Far Left and Left together. The right is Right and Far Right together. Every outlet keeps its own five-point rating.

Who reported it when

How the coverage built up

  • Left

    12 hr 47 min later

    Its first report, Nov 6, 6:33 PM EST

  • Center

    First to report

    Financial Times, Nov 6, 5:46 AM EST

  • Right

    No report yet

    From the outlets Mantle follows

See the order the outlets reported inHide the order
  1. Financial TimesCenterNov 6, 5:46 AM EST
  2. MarketWatchCenterNov 6, 12:51 PM EST
  3. The Boston GlobeFar LeftNov 6, 6:33 PM EST

Times are the ones the outlets published in their own feeds, in Eastern time. Opinion is left out.

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