DKNG Stock – DraftKings Inc. Cl A stock rises Friday, still underperforms market
Shares of DraftKings Inc. Cl A
inched 0.18% higher to $49.33 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 1.04% to 14,836.99 and the Dow Jones Industrial Average
rising 0.68% to 35,061.55. This was the stock’s fifth consecutive day of gains. DraftKings Inc. Cl A closed $25.05 below its 52-week high ($74.38), which the company achieved on March 22nd.
The stock outperformed some of its competitors Friday, as Las Vegas Sands Corp.
fell 3.07% to $45.77 and MGM Resorts International
fell 1.20% to $38.76. Trading volume (6.9 M) remained 7.9 million below its 50-day average volume of 14.9 M.