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Shares of DraftKings Inc. Cl A slid 6.0% to $33.73 on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.7% to 19,242.61 and the Dow Jones Industrial Average rising 0.1% to 42,305.48.
The stock's fall snapped a two-day winning streak.
DraftKings Inc. Cl A closed 37.1% short of its 52-week high of $53.61, which the company reached on February 14th.
Trading volume totaled 25.2 million, compared to the 50-day average of 10.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 02, 2025 16:32 ET (20:32 GMT)
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