DraftKings Inc. Stock Falls Friday, Underperforms Market
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Shares of DraftKings Inc. (DKNG) slumped 0.60% to $11.53 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.21% to 10,497.86 and the Dow Jones Industrial Average rising 0.53% to 33,203.93. This was the stock's third consecutive day of losses. DraftKings Inc. closed $17.98 below its 52-week high ($29.51), which the company reached on December 27th.
Trading volume (8.1 M) remained 10.4 million below its 50-day average volume of 18.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2022.
(END) Dow Jones Newswires
December 23, 2022 16:50 ET (21:50 GMT)
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