---
title: "DraftKings Inc. Cl A Stock Falls Tuesday, Underperforms Market"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296271824.md"
description: "DraftKings Inc. (DKNG) shares fell 4.98% to $24.04 on Tuesday, underperforming the broader market as the NASDAQ and Dow Jones also declined. This marks the second consecutive day of losses for the stock. DraftKings is currently 50.72% below its 52-week high of $48.78. Trading volume was lower than the 50-day average."
datetime: "2026-08-18T21:22:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296271824.md)
  - [en](https://longbridge.com/en/news/296271824.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296271824.md)
---

# DraftKings Inc. Cl A Stock Falls Tuesday, Underperforms Market

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

Shares of DraftKings Inc. Cl A (DKNG) shed 4.98% to $24.04 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.33% to 26,289.71 and Dow Jones Industrial Average falling 0.22% to 53,343.40.

This was the stock's second consecutive day of losses.

DraftKings Inc. Cl A closed 50.72% short of its 52-week high of $48.78, which the company achieved on September 5th.

Trading volume (8.6 M) remained 4.4 million below its 50-day average volume of 13.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 18, 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

08-18-26 1722ET

### Related Stocks

- [DKNG.US](https://longbridge.com/en/quote/DKNG.US.md)
- [DKUP.US](https://longbridge.com/en/quote/DKUP.US.md)
- [DRAY.US](https://longbridge.com/en/quote/DRAY.US.md)
- [DKNX.US](https://longbridge.com/en/quote/DKNX.US.md)
- [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md)
- [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md)

## Related News & Research

- [DraftKings Inc. Cl A Stock Falls Thursday, Underperforms Market](https://longbridge.com/en/news/296538806.md)
- [DraftKings director Jocelyn Moore sells 10,759 shares worth $258,755.95](https://longbridge.com/en/news/296538773.md)
- [Machinery Stock Eyes Best Day Since February After Earnings](https://longbridge.com/en/news/296511690.md)
- [Bill Ackman just disclosed 6 new positions, and 4 of them are financial stocks. Here's what he's betting on.](https://longbridge.com/en/news/295901149.md)
- [Bit Origin announces 1-for-5 reverse stock split effective Aug. 21, 2026](https://longbridge.com/en/news/296355941.md)