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DraftKings Stock Jumps As Session Comes To An End On Wednesday, Outperforms Market

ViaNews Editorial Team

November 25, 2020

DraftKings Stock Jumps As Session Comes To An End On Wednesday, Outperforms Market
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Shares of DraftKings jumped 6.22% to $50.87 at 15:07 EST on Wednesday, after three sequential sessions in a row of losses. The Nasdaq Stock Market is jumping 0.36% to $12,080.40, after two successive sessions in a row of gains, on what so far seems, a somewhat positive trend exchanging session today.

DraftKings's last close was $47.89, 26.18% below 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 $50.87 at 15:07 EST, way below its 52-week high of $64.19 and way above its 52-week low of $10.04.

DraftKings's value is way higher than its 50-day moving average of $44.12 and way above its 200-day moving average of $39.71.

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.