DraftKings Inc. Stock Rises Wednesday, Outperforms Market
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Shares of DraftKings Inc. (DKNG) advanced 2.83% to $13.07 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.76% to 10,931.67 and the Dow Jones Industrial Average rising 0.80% to 33,973.01. This was the stock's fourth consecutive day of gains. DraftKings Inc. closed $14.83 below its 52-week high ($27.90), which the company achieved on January 12th.
Trading volume (11.9 M) remained 4.7 million below its 50-day average volume of 16.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2023.
(END) Dow Jones Newswires
January 11, 2023 16:50 ET (21:50 GMT)
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