DKNG Stock – DraftKings Inc. Cl A stock outperforms market on strong trading day
Shares of DraftKings Inc. Cl A
inched 0.74% higher to $49.24 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
rising 0.36% to 14,684.60 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. This was the stock’s fourth consecutive day of gains. DraftKings Inc. Cl A closed $25.14 below its 52-week high ($74.38), which the company achieved on March 22nd.
The stock outperformed some of its competitors Thursday, as Las Vegas Sands Corp.
fell 4.45% to $47.22 and MGM Resorts International
fell 1.58% to $39.23. Trading volume (6.7 M) remained 8.6 million below its 50-day average volume of 15.3 M.