DraftKings Stock Bearish Momentum With A 2% Drop As Session Comes To An End Today

Shares of DraftKings dropped 2.64% to $47.95 at 15:21 EST on Monday, after two successive sessions in a row of losses. The Nasdaq Stock Market is rising 0.3% to $12,502.20, after two successive sessions in a row of gains, on what up until now seems, a somewhat positive trend exchanging session today. DraftKings's last close was $49.25, 33.87% below its 52-week high of $64.19.

News about DraftKings today

DraftKings stock falls after analyst gives a not-bullish endorsement. According to today's article on MarketWatch, "Shares of DraftKings Inc. fell 1.4% in midday trading Monday, after J.P. Morgan analyst Daniel Politzer gave the online-gambling and fantasy-sports company a not-quite bullish endorsement."

DraftKings's Revenue

Year-on-year quarterly revenue growth grew by 98.2%, now sitting on 423.22M for the twelve trailing months.

DraftKings's Stock Top and Bottom Yearly Value

DraftKings's stock is valued at $47.95 at 15:21 EST, way under its 52-week high of $64.19 and way above its 52-week low of $10.06.

DraftKings's Moving Average

DraftKings's worth is above its 50-day moving average of $44.01 and way higher than its 200-day moving average of $40.97.