Why DraftKings (DKNG) Stock Fell 17.39% in 10 Minutes After Q3 Earnings on Nov 5, 2026
Adjusted EPS of -$0.53 came in below the -$0.39 estimate; revenue of $1.33 billion came in below the $1.4 billion estimate.
- DKNG fell 17.39% in the 10 minutes after the 16:15:51 ET headline, from $23.40 to $19.33.
- 744,001 shares changed hands in those 10 minutes.
- The headline crossed in after-hours trading, 15 minutes after the 4:00 ET close.
16:15:51 ET
Reaction by asset (real prices)
| Asset | 2m before | At release | +1m | +10m | +1m % | +10m % |
|---|---|---|---|---|---|---|
| DKNG | 23.40 | 23.40 | 19.58 | 19.33 | -16.33% | -17.39% |
DraftKings (DKNG) shares fell 17.39% in the 10 minutes after its Q3 results reached the MoveSurge news feed at 16:15:51 ET on Thursday, November 5, 2026. Adjusted EPS of -$0.53 came in below the -$0.39 estimate; revenue of $1.33 billion came in below the $1.4 billion estimate.
DKNG in the first 10 minutes
The line that crossed at 16:15:51 ET: “DKNG Q3: adj. EPS -0.53 vs -0.39 est; revenue USD 1.33bln vs USD 1.4bln est”
From a reference price of $23.40 just before the headline, the stock was down 16.33% after one minute and down 17.39%, at $19.33, after 10 minutes. The first-minute move held. 744,001 shares changed hands in those 10 minutes. The headline crossed in after-hours trading, 15 minutes after the 4:00 ET close.
DraftKings Q3 results against estimates
| Measure | Reported | Estimate | Result |
|---|---|---|---|
| Adjusted EPS | -$0.53 | -$0.39 | Miss |
| Revenue | $1.33 billion | $1.4 billion | Miss |
DraftKings FY26 guidance
| Measure | New range | Prior range | Estimate | Change |
|---|---|---|---|---|
| Revenue | $6.35 billion to $6.55 billion | $6.5 billion to $6.9 billion | $6.67 billion | Lowered |
| Revenue | $7.35 billion to $7.75 billion | — | $7.6 billion | — |
How DKNG traded after earlier earnings releases
| Report | EPS vs estimate | Revenue vs estimate | First move |
|---|---|---|---|
| Aug 6, 2026 | $0.09 vs $0.02 | $1.44 billion vs $1.52 billion | -2.76% in 15 min |
DraftKings at a glance
| Sector | Consumer Discretionary |
| Industry | Services-Misc. Amusement & Recreation |
| Market value | $11.47 billion (as of Nov 5, 2026) |
Prices are closes of 1-minute bars. Each move on this page is measured from the last completed bar before its headline.
How did DraftKings stock react to its Q3 earnings on November 5, 2026?
The stock fell 17.39% in the 10 minutes after its Q3 results crossed at 16:15:51 ET. Adjusted EPS of -$0.53 came in below the -$0.39 estimate; revenue of $1.33 billion came in below the $1.4 billion estimate.
How far did DKNG move after the headline?
From $23.40 just before the headline to $19.33 10 minutes later, a -17.39% move.
What did DraftKings guide for revenue?
Revenue guidance of $6.35 billion to $6.55 billion, replacing $6.5 billion to $6.9 billion; the estimate was $6.67 billion (lowered).
Sources
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DKNG headline and measured reaction, Nov 5, 2026
— MoveSurge
The headline as it crossed, its timestamp, and the measured price reaction reported on this page.
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