DraftKings Inc. Stock Rises Wednesday, Outperforms Market
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Shares of DraftKings Inc. (DKNG) advanced 1.28% to $11.05 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.35% to 10,213.29 and Dow Jones Industrial Average falling 1.10% to 32,875.71. The stock's rise snapped a four-day losing streak. DraftKings Inc. closed $17.75 below its 52-week high ($28.80), which the company reached on December 31st.
Trading volume (9.4 M) remained 8.5 million below its 50-day average volume of 17.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2022.
(END) Dow Jones Newswires
December 28, 2022 16:50 ET (21:50 GMT)
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