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DraftKings Inc. Cl A Stock Sheds 5.0%, Underperforms Market

DraftKings Inc. Cl A Stock Sheds 5.0%, Underperforms Market

Dow JonesDow Jones2026/08/18 20:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of DraftKings Inc. Cl A slipped 5.0% to $24.04 on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.3% to 26,289.71 and Dow Jones Industrial Average falling 0.2% to 53,343.40.

This was the stock's second consecutive day of losses.

DraftKings Inc. Cl A closed 50.7% short of its 52-week high of $48.78, which the company reached on September 5th.

Trading volume totaled 8.6 million, compared to the 50-day average of 13.0 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 18, 2026 16:35 ET (20:35 GMT)

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