DKNG Stock – DraftKings Inc. Cl A stock outperforms market on strong trading day
Shares of DraftKings Inc. Cl A
climbed 11.69% to $68.72 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
rising 3.01% to 13,588.83 and the Dow Jones Industrial Average
rising 1.95% to 31,535.51. This was the stock’s second consecutive day of gains. DraftKings Inc. Cl A hit a new 52-week high, surpassing its previous peak of $64.78, which the company reached on February 8th.
The stock outperformed some of its competitors Monday, as Las Vegas Sands Corp.
rose 0.72% to $63.05 and MGM Resorts International
rose 1.35% to $38.30. Trading volume (35.6 M) eclipsed its 50-day average volume of 14.7 M.