DraftKings Inc. Cl a Stock Slides 7.8%, Underperforms Market
Dow Jones
Aug 06
This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of DraftKings Inc. Cl A shed 7.8% to $21.76 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.5% to 54,349.12 and the NASDAQ Composite Index falling 0.8% to 26,363.44.
The stock's fall snapped a two-day winning streak.
DraftKings Inc. Cl A closed 55.4% short of its 52-week high of $48.78, which the company achieved on September 5th.
Trading volume totaled 26.8 million, compared to the 50-day average of 12.3 million.
Data source: Dow Jones Market Data, FactSet
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