DraftKings Inc. Stock Rises Friday, Outperforms Market
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Shares of DraftKings Inc. (DKNG) rallied 5.17% to $15.04 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.95% to 11,621.71 and the Dow Jones Industrial Average rising 0.08% to 33,978.08. The stock's rise snapped a two-day losing streak. DraftKings Inc. closed $9.97 below its 52-week high ($25.01), which the company achieved on March 1st.
Trading volume (15.4 M) eclipsed its 50-day average volume of 12.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2023.
(END) Dow Jones Newswires
January 27, 2023 16:50 ET (21:50 GMT)
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