DraftKings Inc. Cl A Stock Rises Monday, Outperforms Market

First Republic Bank

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Financials : Banks | Small Cap Value

Company profile

First Republic Bank (the Bank) is a commercial bank and trust company. The Bank specializes in providing services, including private banking, private business banking, real estate lending and wealth management services, including trust and custody services, to clients in selected metropolitan areas in the United States. It operates through two segments: Commercial Banking and Wealth Management. The principal business activities of the Commercial Banking segment are gathering deposits, originating and servicing loans and investing in investment securities. The principal business activities of the Wealth Management segment include the investment management activities of First Republic Investment Management, Inc. (FRIM), which manages investments for individuals and institutions; money market mutual fund activities through third-party providers and the brokerage activities of First Republic Securities Company, LLC (FRSC) and its foreign exchange activities conducted on behalf of clients.

DraftKings Inc. Cl A Stock Rises Monday, Outperforms Market

4:50 pm ET March 27, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of DraftKings Inc. Cl A (DKNG) inched 0.45% higher to $17.81 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.60% to 32,432.08 and the NASDAQ Composite Index falling 0.47% to 11,768.84. This was the stock's second consecutive day of gains. DraftKings Inc. Cl A closed $3.81 below its 52-week high ($21.62), which the company achieved on February 21st.

Trading volume (7.6 M) remained 6.4 million below its 50-day average volume of 14.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 27, 2023 16:50 ET (20:50 GMT)