DKNG Stock – DraftKings Inc. Cl A stock outperforms competitors on strong trading day
Shares of DraftKings Inc. Cl A
rallied 1.94% to $52.10 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
falling 0.89% to 14,525.91 and Dow Jones Industrial Average
falling 1.08% to 34,960.69. The stock’s rise snapped a three-day losing streak. DraftKings Inc. Cl A closed $22.28 short of its 52-week high ($74.38), which the company achieved on March 22nd.
The stock outperformed some of its competitors Wednesday, as Las Vegas Sands Corp.
fell 0.83% to $38.32 and MGM Resorts International
rose 1.87% to $38.64. Trading volume (8.3 M) remained 4.4 million below its 50-day average volume of 12.7 M.