Earnings Released: DraftKings (DKNG)

<p>The DraftKings (DKNG) stock is up in the post-market session after their earnings report was released. The sports betting company reported record revenue. DraftKings lost $0.53 per share in the quarter versus the estimate of $0.59. DraftKings also improved its projections for full-year 2023 Adjusted EBITDA. "I am very pleased with how we concluded 2022, with continued top-line growth and a strong focus on expense management,” DraftKings CEO and co-founder Jason Robins said in a release.</p>