DraftKings’s revenue increased more than 80% from last year, beating estimates. And the sportsbook operator expects to turn a profit soon.
Thirteen months ago, the DraftKings Inc. DKNG stock was in a rut.
It was down 43% over the previous three months, and down 72% over the previous year. This prompted CEO Jason Robins to fire off an infamous tweet suggesting that people would regret selling the company’s stock.
“That was really meant more for my team than anything else,” Robins…