DraftKings Inc. Stock Rises Wednesday, Outperforms Market
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Shares of DraftKings Inc. (DKNG) advanced 5.97% to $11.71 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.69% to 10,458.76 and the Dow Jones Industrial Average rising 0.40% to 33,269.77. DraftKings Inc. closed $16.27 below its 52-week high ($27.98), which the company reached on January 7th.
Trading volume (10.2 M) remained 7.2 million below its 50-day average volume of 17.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2023.
(END) Dow Jones Newswires
January 04, 2023 16:50 ET (21:50 GMT)
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