DraftKings Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of DraftKings Inc. (DKNG) slipped 1.44% to $11.60 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 2.18% to 10,476.12 and Dow Jones Industrial Average falling 1.05% to 33,027.49. This was the stock's second consecutive day of losses. DraftKings Inc. closed $18.42 short of its 52-week high ($30.02), which the company reached on December 23rd.
Trading volume (14.3 M) remained 4.4 million below its 50-day average volume of 18.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2022.
(END) Dow Jones Newswires
December 22, 2022 16:50 ET (21:50 GMT)
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