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DraftKings Stock Over 3% Down At Session Start On Tuesday

ViaNews Editorial Team

December 8, 2020

DraftKings Stock Over 3% Down At Session Start On Tuesday
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Shares of DraftKings slid 3.94% to $46.04 at 10:05 EST on Tuesday, after two successive sessions in a row of losses. The Nasdaq Stock Market is jumping 0.45% to $12,520.00, after three sequential sessions in a row of gains, on what up to now seems, a somewhat positive trend trading session today. DraftKings's last close was $49.25, 39.42% under its 52-week high of $64.19.

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 $46.04 at 10:05 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 higher than its 50-day moving average of $44.01 and way higher than its 200-day moving average of $40.97.

Previous days news about DraftKings

DraftKings stock falls after J.P. Morgan analyst gives a not-bullish endorsement. According to MarketWatch on Mon Dec 7, "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."
ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.