DraftKings Inc. Stock Falls Wednesday, Underperforms Market
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Shares of DraftKings Inc. (DKNG) slid 2.48% to $14.55 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.03% to 33,743.84 and the NASDAQ Composite Index falling 0.18% to 11,313.36. The stock's fall snapped a three-day winning streak. DraftKings Inc. closed $10.46 short of its 52-week high ($25.01), which the company achieved on March 1st.
Trading volume (12.7 M) remained 368,781 below its 50-day average volume of 13.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 25, 2023.
(END) Dow Jones Newswires
January 25, 2023 16:50 ET (21:50 GMT)
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