This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of DraftKings Inc. Cl A shed 7.8% to $45.57 on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 2.2% to 19,524.01 and Dow Jones Industrial Average falling 1.7% to 43,428.02.
This was the stock's fourth consecutive day of losses.
DraftKings Inc. Cl A closed 15.0% below its 52-week high of $53.61, which the company achieved on February 14th.
Trading volume totaled 16.2 million, compared to the 50-day average of 9.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 21, 2025 16:33 ET (21:33 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.