DraftKings Inc. Stock Rises Thursday, Outperforms Market
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Shares of DraftKings Inc. (DKNG) advanced 4.28% to $13.63 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.64% to 11,001.10 and the Dow Jones Industrial Average rising 0.64% to 34,189.97. This was the stock's fifth consecutive day of gains. DraftKings Inc. closed $12.91 short of its 52-week high ($26.54), which the company reached on January 13th.
Trading volume (10.5 M) remained 6.1 million below its 50-day average volume of 16.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2023.
(END) Dow Jones Newswires
January 12, 2023 16:50 ET (21:50 GMT)
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