DKNG Stock – DraftKings Inc. Cl A stock falls Tuesday, still outperforms market
Shares of DraftKings Inc. Cl A
slipped 0.17% to $60.27 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.05% to 31,537.35 and the NASDAQ Composite Index
falling 0.50% to 13,465.20. This was the stock’s second consecutive day of losses. DraftKings Inc. Cl A closed $4.51 short of its 52-week high ($64.78), which the company reached on February 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Las Vegas Sands Corp.
rose 4.28% to $64.38 and MGM Resorts International
rose 5.52% to $39.59. Trading volume (17.4 M) eclipsed its 50-day average volume of 14.4 M.