DraftKings Inc. Cl A Stock Rises Tuesday, Outperforms Market
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Shares of DraftKings Inc. Cl A (DKNG) rallied 6.27% to $18.31 Tuesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.58% to 11,860.11 and the Dow Jones Industrial Average rising 0.98% to 32,560.60. The stock's rise snapped a two-day losing streak. DraftKings Inc. Cl A closed $3.31 short of its 52-week high ($21.62), which the company achieved on February 21st.
Trading volume (10.8 M) remained 3.5 million below its 50-day average volume of 14.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2023.
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March 21, 2023 16:50 ET (20:50 GMT)
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