DraftKings' fourth-quarter earnings missed Wall Street expectations, but shares rose after it raised its outlook for 2025 revenue. The stock was up about 2%, to $46.42, on Thursday. Shares have gained about 5% over the past year.

DraftKings shares soared Friday after the online sports betting platform topped profit estimates and boosted its revenue outlook as it added customers and benefited from its purchase of rival Jackpocket.