DraftKings Inc. Stock Falls Wednesday, Underperforms Market
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Shares of DraftKings Inc. (DKNG) slipped 0.51% to $11.77 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.54% to 10,709.37 and the Dow Jones Industrial Average rising 1.60% to 33,376.48. DraftKings Inc. closed $18.94 short of its 52-week high ($30.71), which the company reached on December 22nd.
Trading volume (9.0 M) remained 10.3 million below its 50-day average volume of 19.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 21, 2022.
(END) Dow Jones Newswires
December 21, 2022 16:51 ET (21:51 GMT)
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