DKNG Stock – DraftKings Inc. Cl A stock outperforms competitors on strong trading day
Shares of DraftKings Inc. Cl A
inched 0.87% higher to $57.98 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 0.10% to 14,052.34 and the Dow Jones Industrial Average
rising 0.48% to 34,200.67. The stock’s rise snapped a two-day losing streak. DraftKings Inc. Cl A closed $16.40 below its 52-week high ($74.38), which the company achieved on March 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Las Vegas Sands Corp.
fell 0.47% to $61.00 and MGM Resorts International
rose 1.44% to $40.26. Trading volume (15.1 M) remained 812,640 below its 50-day average volume of 15.9 M.