DraftKings Stock Rose On Wednesday, Outperforms Market

The Nasdaq Stock Market ended the session with DraftKings jumping 4.89% to $50.23 on Wednesday, after three sequential sessions in a row of losses. The Nasdaq Stock Market rose 0.48% to $12,094.40, after two consecutive sessions in a row of gains, on what was a somewhat positive trend trading session today. DraftKings today's close was $50.23, 27.79% under its 52-week high of $64.19. Year-on-year quarterly revenue growth grew by 98.2%, now sitting on 423.22M for the twelve trailing months. DraftKings's stock is valued at $50.23 at 16:46 EST, way below its 52-week high of $64.19 and way above its 52-week low of $10.04. DraftKings's worth is way higher than its 50-day moving average of $44.12 and way above its 200-day moving average of $39.71.