DraftKings Inc. Stock Falls Thursday, Underperforms Market
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Shares of DraftKings Inc. (DKNG) slid 1.72% to $14.30 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.76% to 11,512.41 and the Dow Jones Industrial Average rising 0.61% to 33,949.41. This was the stock's second consecutive day of losses. DraftKings Inc. closed $10.71 below its 52-week high ($25.01), which the company achieved on March 1st.
Trading volume (12.3 M) remained 359,070 below its 50-day average volume of 12.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2023.
(END) Dow Jones Newswires
January 26, 2023 16:50 ET (21:50 GMT)
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