DraftKings Inc. Stock Falls Tuesday, Underperforms Market
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Shares of DraftKings Inc. (DKNG) shed 2.99% to $11.05 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.76% to 10,386.98 and Dow Jones Industrial Average falling 0.03% to 33,136.37. The stock's fall snapped a three-day winning streak. DraftKings Inc. closed $16.93 short of its 52-week high ($27.98), which the company achieved on January 7th.
Trading volume (9.1 M) remained 8.4 million below its 50-day average volume of 17.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2023.
(END) Dow Jones Newswires
January 03, 2023 16:50 ET (21:50 GMT)
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