DraftKings Inc. Stock Rises Wednesday, Outperforms Market
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Shares of DraftKings Inc. (DKNG) rallied 9.94% to $16.48 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.00% to 11,816.32 and the Dow Jones Industrial Average rising 0.02% to 34,092.96. This was the stock's second consecutive day of gains. DraftKings Inc. closed $8.53 below its 52-week high ($25.01), which the company reached on March 1st.
Trading volume (20.2 M) eclipsed its 50-day average volume of 12.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 1, 2023.
(END) Dow Jones Newswires
February 01, 2023 16:49 ET (21:49 GMT)
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