DKNG Stock – DraftKings Inc. Cl A stock underperforms Monday when compared to competitors
Shares of DraftKings Inc. Cl A
shed 5.66% to $57.00 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index
falling 2.19% to 14,713.90 and Dow Jones Industrial Average
falling 1.78% to 33,970.47. The stock’s fall snapped a three-day winning streak. DraftKings Inc. Cl A closed $17.38 short of its 52-week high ($74.38), which the company reached on March 22nd.
The stock underperformed when compared to some of its competitors Monday, as Las Vegas Sands Corp.
fell 1.26% to $37.69 and MGM Resorts International
fell 0.63% to $41.28. Trading volume (11.2 M) eclipsed its 50-day average volume of 11.0 M.