DraftKings Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of DraftKings Inc. (DKNG) rose 1.99% to $11.27 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 2.59% to 10,478.09 and the Dow Jones Industrial Average rising 1.05% to 33,220.80. This was the stock's second consecutive day of gains. DraftKings Inc. closed $17.53 short of its 52-week high ($28.80), which the company achieved on December 31st.
Trading volume (10.4 M) remained 7.3 million below its 50-day average volume of 17.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2022.
(END) Dow Jones Newswires
December 29, 2022 16:50 ET (21:50 GMT)
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