DraftKings Inc. Cl A Stock Falls Friday, Underperforms Market
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Shares of DraftKings Inc. Cl A (DKNG) slipped 3.46% to $17.87 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.74% to 11,630.51 and Dow Jones Industrial Average falling 1.19% to 31,861.98. DraftKings Inc. Cl A closed $3.75 below its 52-week high ($21.62), which the company achieved on February 21st.
Trading volume (8.1 M) remained 6.1 million below its 50-day average volume of 14.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 16:50 ET (20:50 GMT)
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