DraftKings Inc. Cl A Stock Falls Wednesday, Underperforms Market
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Shares of DraftKings Inc. Cl A (DKNG) shed 3.82% to $17.61 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.60% to 11,669.96 and Dow Jones Industrial Average falling 1.63% to 32,030.11. DraftKings Inc. Cl A closed $4.01 short of its 52-week high ($21.62), which the company achieved on February 21st.
Trading volume (8.8 M) remained 5.5 million below its 50-day average volume of 14.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2023.
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March 22, 2023 16:50 ET (20:50 GMT)
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