DraftKings Inc. Cl A stock rises Wednesday, still underperforms market
Shares of DraftKings Inc. Cl A DKNG, +0.11% inched 0.11% higher to $44.76 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.23%…
From the Equity Insider archive. This article dates from Apr 3, 2024 and is preserved as first published.
Shares of DraftKings Inc. Cl A DKNG, +0.11% inched 0.11% higher to $44.76 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.23% rising 0.23% to 16,277.46 and the Dow Jones Industrial Average DJIA, -0.11% falling 0.11% to 39,127.14.
The stock’s rise snapped a two-day losing streak.
DraftKings Inc. Cl A closed $4.81 short of its 52-week high ($49.57), which the company achieved on March 27th.
Trading volume (8.3 M) remained 4.0 million below its 50-day average volume of 12.2 M.
