DKNG Stock – DraftKings Inc. Cl A stock underperforms Wednesday when compared to competitors despite daily gains
Shares of DraftKings Inc. Cl A
inched 0.09% higher to $56.18 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.29% to 34,230.34 and the NASDAQ Composite Index
falling 0.37% to 13,582.42. DraftKings Inc. Cl A closed $18.20 below its 52-week high ($74.38), which the company reached on March 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Las Vegas Sands Corp.
rose 0.20% to $59.46 and MGM Resorts International
rose 3.06% to $41.75. Trading volume (11.4 M) remained 4.6 million below its 50-day average volume of 16.0 M.