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DraftKings Stock Bullish Momentum With A 6.09% Jump Today

ViaNews Editorial Team

December 8, 2020

DraftKings Stock Bullish Momentum With A 6.09% Jump Today
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The Nasdaq Stock Market ended the session with DraftKings rising 6.09% to $50.85 on Tuesday while the Nasdaq Stock Market rose 0.45% to $12,576.50. DraftKings today's close was $50.85, 26.23% below 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 $50.85 at 16:25 EST, way below its 52-week high of $64.19 and way above its 52-week low of $10.07.

DraftKings's Moving Average

DraftKings's value is way higher than its 50-day moving average of $44.12 and way higher than its 200-day moving average of $41.11.

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.