DraftKings Inc. Cl A Stock Rises Friday, Outperforms Market
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Shares of DraftKings Inc. Cl A (DKNG) advanced 1.43% to $17.73 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.31% to 11,823.96 and the Dow Jones Industrial Average rising 0.41% to 32,237.53. The stock's rise snapped a two-day losing streak. DraftKings Inc. Cl A closed $3.89 below its 52-week high ($21.62), which the company achieved on February 21st.
Trading volume (5.6 M) remained 8.5 million below its 50-day average volume of 14.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2023.
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March 24, 2023 16:49 ET (20:49 GMT)
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