DKNG Stock – DraftKings Inc. Cl A stock rises Wednesday, outperforms market
Shares of DraftKings Inc. Cl A
climbed 11.40% to $69.29 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 1.46% to 32,297.02 and the NASDAQ Composite Index
falling 0.04% to 13,068.83. This was the stock’s third consecutive day of gains. DraftKings Inc. Cl A closed $2.87 short of its 52-week high ($72.16), which the company achieved on March 3rd.
The stock outperformed some of its competitors Wednesday, as Las Vegas Sands Corp.
fell 0.16% to $62.02 and MGM Resorts International
rose 0.37% to $37.62. Trading volume (36.2 M) eclipsed its 50-day average volume of 15.9 M.