I purchased the plant at discount price that apparently was not taken care of. Leaves are drooping and dry. I have watered and fertilized and am spraying with a water mist. What can I do, if anything, to make it healthy again?
Without knowing which USDA hardiness zone, I would suggest that the dracaena could be planted outside. However, if temperatures drop below 50*F., your plant won't flourish. If temps drop below 40*F, you will see significant cold stress, and below 30*F., the plant won't survive. Since dracaena's are tropical, they require appropriately warm temperatures. Any plant can tolerate a few hours of temps below their preference, once in a while, but not on a consistent basis.