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Wells Fargo downgrades DraftKings to equal weight on view that stock has a long road for a rebound

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the close up of the five rows coins ,and the coins jar that fell, with the back ground is a dark blue graph.

Shares of DraftKings fell more than 21% on Friday after the company projected higher than expected adjusted EBITDA loss for 2022.

Macy’s earnings top estimates, retailer says it won’t spin off e-commerce from stores

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