DKNG Stock – DraftKings Inc. Cl A stock outperforms competitors despite losses on the day
Shares of DraftKings Inc. Cl A
slumped 0.08% to $61.02 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index
rising 0.21% to 15,363.52 and the Dow Jones Industrial Average
falling 0.21% to 35,369.09. The stock’s fall snapped a three-day winning streak. DraftKings Inc. Cl A closed $13.36 short of its 52-week high ($74.38), which the company achieved on March 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Las Vegas Sands Corp.
fell 2.00% to $43.13 and MGM Resorts International
fell 0.05% to $42.54. Trading volume (6.8 M) remained 4.5 million below its 50-day average volume of 11.3 M.