Published on 29 Jul 2021 on Market Watch
DraftKings Inc. Cl A stock outperforms competitors despite losses on the day
Shares of DraftKings Inc. Cl A slid 1.70% to $49.79 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.11% to 14,778.26 and the Dow Jones Industrial Average rising 0.44% to 35,084.53. DraftKings Inc. Cl A closed $24.59 short of its 52-week high ($74.38), which the company achieved on March 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Las Vegas Sands Corp. fell 3.41% to $42.99 and MGM Resorts International fell 0.60% to $38.17. Trading volume (7.7 M) remained 5.5 million below its 50-day average volume of 13.2 M.