DKNG Stock – DraftKings Inc. Cl A stock falls Tuesday, underperforms market
Shares of DraftKings Inc. Cl A
shed 2.33% to $59.05 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
falling 0.45% to 15,037.76 and Dow Jones Industrial Average
falling 0.84% to 34,577.57. This was the stock’s third consecutive day of losses. DraftKings Inc. Cl A closed $15.33 below its 52-week high ($74.38), which the company reached on March 22nd.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Las Vegas Sands Corp.
fell 9.75% to $38.71 and MGM Resorts International
fell 3.92% to $41.41. Trading volume (8.9 M) remained 2.2 million below its 50-day average volume of 11.0 M.