DKNG Stock – DraftKings Inc. Cl A stock outperforms market on strong trading day
Shares of DraftKings Inc. Cl A
rose 1.34% to $59.84 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
rising 0.82% to 15,161.53 and the Dow Jones Industrial Average
rising 0.68% to 34,814.39. The stock’s rise snapped a three-day losing streak. DraftKings Inc. Cl A closed $14.54 below its 52-week high ($74.38), which the company reached on March 22nd.
The stock outperformed some of its competitors Wednesday, as Las Vegas Sands Corp.
fell 1.70% to $38.05 and MGM Resorts International
fell 2.49% to $40.38. Trading volume (8.0 M) remained 3.1 million below its 50-day average volume of 11.1 M.