DraftKings Inc. Cl A Stock Rises Wednesday, Outperforms Market
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DraftKings Inc. Cl A (DKNG) shares rose 1.71% to $25.03 on Wednesday, outperforming the mixed stock market, with the NASDAQ up 1.20% and the Dow down 0.14%. This marks the second consecutive day of gains for DraftKings, although the stock remains 48.69% below its 52-week high of $48.78 reached on September 5th. Trading volume was 9.9 million, below the 50-day average of 13.4 million.
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