Daily Trade News

DraftKings Inc. Cl A stock outperforms market on strong trading day


Shares of DraftKings Inc. Cl A
DKNG,
+1.54%

rose 1.54% to $35.58 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index
COMP,
+0.44%

rising 0.44% to 15,845.23 and the Dow Jones Industrial Average
DJIA,
-0.03%

falling 0.03% to 35,804.38. DraftKings Inc. Cl A closed $38.80 below its 52-week high ($74.38), which the company achieved on March 22nd.

The stock outperformed some of its competitors Wednesday, as Las Vegas Sands Corp.
LVS,
+0.50%

rose 0.50% to $40.01 and MGM Resorts International
MGM,
+0.75%

rose 0.75% to $42.83. Trading volume (11.1 M) remained 3.3 million below its 50-day average volume of 14.4 M.



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