DraftKings Inc. Cl A Stock Falls Tuesday, Underperforms Market
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Shares of DraftKings Inc. Cl A (DKNG) dropped 0.77% to $18.08 Tuesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 2.14% to 11,428.15 and the Dow Jones Industrial Average rising 1.06% to 32,155.40. This was the stock's fourth consecutive day of losses. DraftKings Inc. Cl A closed $3.54 below its 52-week high ($21.62), which the company reached on February 21st.
Trading volume (11.3 M) remained 2.9 million below its 50-day average volume of 14.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2023.
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March 14, 2023 20:35 ET (00:35 GMT)
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