DraftKings Inc. Stock Rises Tuesday, Outperforms Market
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Shares of DraftKings Inc. (DKNG) rose 5.30% to $12.71 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.01% to 10,742.63 and the Dow Jones Industrial Average rising 0.56% to 33,704.10. This was the stock's third consecutive day of gains. DraftKings Inc. closed $15.19 below its 52-week high ($27.90), which the company reached on January 12th.
Trading volume (11.5 M) remained 5.2 million below its 50-day average volume of 16.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2023.
(END) Dow Jones Newswires
January 10, 2023 16:50 ET (21:50 GMT)
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