DraftKings Inc. Stock Rises Monday, Outperforms Market
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Shares of DraftKings Inc. (DKNG) rose 4.90% to $14.56 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 2.01% to 11,364.41 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's second consecutive day of gains. DraftKings Inc. closed $10.45 below its 52-week high ($25.01), which the company reached on March 1st.
Trading volume (13.5 M) remained 210,604 below its 50-day average volume of 13.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 16:49 ET (21:49 GMT)
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