DKNG Stock – DraftKings Inc. Cl A stock underperforms Friday when compared to competitors despite daily gains
Shares of DraftKings Inc. Cl A
inched 0.75% higher to $60.42 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
falling 0.91% to 15,043.97 and Dow Jones Industrial Average
falling 0.48% to 34,584.88. This was the stock’s third consecutive day of gains. DraftKings Inc. Cl A closed $13.96 below its 52-week high ($74.38), which the company reached on March 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Las Vegas Sands Corp.
rose 1.73% to $38.17 and MGM Resorts International
rose 0.58% to $41.54. Trading volume (9.4 M) remained 1.7 million below its 50-day average volume of 11.0 M.