DraftKings Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of DraftKings Inc. (DKNG) slumped 0.88% to $16.87 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.59% to 12,006.95 and Dow Jones Industrial Average falling 0.38% to 33,926.01. The stock's fall snapped a three-day winning streak. DraftKings Inc. closed $8.14 below its 52-week high ($25.01), which the company reached on March 1st.
Trading volume (15.7 M) eclipsed its 50-day average volume of 12.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2023.
(END) Dow Jones Newswires
February 03, 2023 16:50 ET (21:50 GMT)
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