Operator
Good day, and welcome to the SciPlay first-quarter 2021 earnings conference call. [Operator instructions] I would like to turn the conference over to Jim Bombassei, senior vice president of investor relations. Please go ahead.
Jim Bombassei
Senior Vice President of Investor Relations
Thank you, operator. During today s call, we will discuss our first-quarter 2021 results and operating performance, followed by a question-and-answer period. With me this morning are Josh Wilson and Mike Cody. Our call today will contain statements that include forward-looking statements under the Private Securities Litigation Reform Act of 1995.
These statements involve certain risks and uncertainties that could cause actual results to differ materially from those discussed during the call. For information regarding these risks and uncertainties, please refer to our earnings release issued earlier this morning, the materials related to this call posted on our website and our filings wit
DraftKings (NASDAQ:DKNG) stock is extending what’s now a precipitous decline, as at least three analysts today trimmed price forecasts on the sportsbook operator.
The opening of the DraftKings sportsbook at Del Lago Casino in New York. The stock is sliding today as three analysts reduce price targets. (Image:
Auburnpub.com)
In early trading Monday, shares of the daily fantasy sports (DFS) provider are off more than six percent after stumbling 14.54 percent last week and 20.77 percent over the past month. DraftKings is off 38 percent from its 52-week high notched in March, and all that bloodletting appears to be inspiring analysts to lower price estimates on the name.