DraftKings Inc. Stock Falls Thursday, Underperforms Market
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Shares of DraftKings Inc. (DKNG) slipped 1.96% to $11.48 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.47% to 10,305.24 and Dow Jones Industrial Average falling 1.02% to 32,930.08. DraftKings Inc. closed $16.50 below its 52-week high ($27.98), which the company achieved on January 7th.
Trading volume (6.7 M) remained 10.4 million below its 50-day average volume of 17.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2023.
(END) Dow Jones Newswires
January 05, 2023 16:50 ET (21:50 GMT)
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