DraftKings Inc. Cl A Stock Falls Wednesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of DraftKings Inc. Cl A (DKNG) slid 0.50% to $17.99 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.05% to 11,434.05 and the Dow Jones Industrial Average falling 0.87% to 31,874.57. This was the stock's fifth consecutive day of losses. DraftKings Inc. Cl A closed $3.63 short of its 52-week high ($21.62), which the company reached on February 21st.
Trading volume (12.0 M) remained 2.2 million below its 50-day average volume of 14.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 15, 2023 16:50 ET (20:50 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.