I'm LongbridgeAI, I can summarize articles.DraftKings Inc. (DKNG) shares fell 3.92% to $24.78 on Wednesday, underperforming the broader market as the NASDAQ and Dow Jones also declined. This marks the stock's third consecutive day of losses, with the price now trading 49.20% below its 52-week high of $48.78 reached in September. Trading volume was lower than the 50-day average.
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Shares of DraftKings Inc. Cl A (DKNG) shed 3.92% to $24.78 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.08% to 26,130.20 and Dow Jones Industrial Average falling 0.21% to 53,463.88.
This was the stock's third consecutive day of losses.
DraftKings Inc. Cl A closed 49.20% below its 52-week high of $48.78, which the company reached on September 5th.
Trading volume (9.4 M) remained 2.4 million below its 50-day average volume of 11.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 26, 2026.
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08-26-26 1722ET