DraftKings Inc. Stock Rises Friday, Still Underperforms Market
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Shares of DraftKings Inc. (DKNG) rallied 1.31% to $11.63 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.56% to 10,569.29 and the Dow Jones Industrial Average rising 2.13% to 33,630.61. DraftKings Inc. closed $16.35 short of its 52-week high ($27.98), which the company reached on January 7th.
Trading volume (8.6 M) remained 8.4 million below its 50-day average volume of 16.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2023.
(END) Dow Jones Newswires
January 06, 2023 16:50 ET (21:50 GMT)
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