---
title: "DraftKings Inc. Cl A Stock Rises Wednesday, Outperforms Market"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296402801.md"
description: "DraftKings Inc. Cl A shares rose 5.28% to $25.31 on Wednesday, outperforming the broader market as the NASDAQ and Dow Jones also gained. This increase ended a two-day losing streak for the stock. Despite the daily gain, DraftKings remains 48.11% below its 52-week high of $48.78 reached in September. Trading volume was lower than the 50-day average."
datetime: "2026-08-19T21:20:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296402801.md)
  - [en](https://longbridge.com/en/news/296402801.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296402801.md)
generator: "portal-rs"
---

# DraftKings Inc. Cl A Stock Rises Wednesday, Outperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of DraftKings Inc. Cl A (DKNG) rose 5.28% to $25.31 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.16% to 26,331.09 and the Dow Jones Industrial Average rising 0.22% to 53,463.05.

The stock's rise snapped a two-day losing streak.

DraftKings Inc. Cl A closed 48.11% below its 52-week high of $48.78, which the company reached on September 5th.

Trading volume (6.8 M) remained 6.2 million below its 50-day average volume of 13.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 19, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

08-19-26 1720ET

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**