DKNG Stock – DraftKings Inc. Cl A stock underperforms Monday when compared to competitors despite daily gains
Shares of DraftKings Inc. Cl A
rallied 2.52% to $53.32 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 1.55% to 14,942.65 and the Dow Jones Industrial Average
rising 0.61% to 35,335.71. This was the stock’s second consecutive day of gains. DraftKings Inc. Cl A closed $21.06 below its 52-week high ($74.38), which the company achieved on March 22nd.
The stock underperformed when compared to some of its competitors Monday, as Las Vegas Sands Corp.
rose 5.81% to $39.73 and MGM Resorts International
rose 2.92% to $39.52. Trading volume (7.3 M) remained 5.3 million below its 50-day average volume of 12.6 M.