U.S. markets open in 3 hours 26 minutes
  • S&P Futures

    4,603.25
    -51.50 (-1.11%)
     
  • Dow Futures

    35,550.00
    -246.00 (-0.69%)
     
  • Nasdaq Futures

    15,320.75
    -275.00 (-1.76%)
     
  • Russell 2000 Futures

    2,135.30
    -22.40 (-1.04%)
     
  • Crude Oil

    85.48
    +1.66 (+1.98%)
     
  • Gold

    1,809.90
    -6.60 (-0.36%)
     
  • Silver

    22.84
    -0.07 (-0.32%)
     
  • EUR/USD

    1.1393
    -0.0017 (-0.15%)
     
  • 10-Yr Bond

    1.7720
    0.0000 (0.00%)
     
  • Vix

    21.75
    +1.44 (+7.09%)
     
  • GBP/USD

    1.3614
    -0.0033 (-0.24%)
     
  • USD/JPY

    114.7180
    +0.1380 (+0.12%)
     
  • BTC-USD

    41,935.64
    -879.14 (-2.05%)
     
  • CMC Crypto 200

    1,003.74
    -21.99 (-2.14%)
     
  • FTSE 100

    7,554.50
    -56.73 (-0.75%)
     
  • Nikkei 225

    28,257.25
    -76.27 (-0.27%)
     

Chanos Says He's Short DraftKings and DoorDash; Says Losses Are 'Completely and Totally Insane'

·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

'DraftKings has a valuation of 30 times runway revenue,' he said. 'You can believe in sports betting, but this business model is flawed.'