DraftKings (DKNG) Sees a More Significant Dip Than Broader Market: Some Facts to Know

DraftKings (DKNG) closed the latest trading day at $41.74, indicating a -1.97% change from the previous session's end. The stock trailed the S&P 500, which registered a daily loss of 0.65%. Meanwhile, the Dow experienced a drop of 0.18%, and the technology-dominated Nasdaq saw a decrease of 1.16%.Shares of the company witnessed a loss of 0.54% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 1.29% and the S&P 500's gain of 3.4%.Market participants will ...