DraftKings Inc. Stock Rises Friday, Outperforms Market
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Shares of DraftKings Inc. (DKNG) rallied 3.52% to $14.11 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.71% to 11,079.16 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. This was the stock's sixth consecutive day of gains. DraftKings Inc. closed $10.90 short of its 52-week high ($25.01), which the company reached on March 1st.
Trading volume (10.1 M) remained 6.3 million below its 50-day average volume of 16.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.
(END) Dow Jones Newswires
January 13, 2023 16:50 ET (21:50 GMT)
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