DraftKings Inc. Cl A Stock Falls Monday, Underperforms Market
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Shares of DraftKings Inc. Cl A (DKNG) slipped 3.58% to $17.23 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.39% to 11,675.54 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. This was the stock's second consecutive day of losses. DraftKings Inc. Cl A closed $4.39 below its 52-week high ($21.62), which the company reached on February 21st.
Trading volume (9.8 M) remained 4.4 million below its 50-day average volume of 14.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 16:50 ET (20:50 GMT)
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