PENN Entertainment Inc. stock falls Thursday, underperforms market

Date:

Published: Nov. 9, 2023 at 5:33 p.m. ET

Shares of PENN Entertainment Inc. PENN slipped 2.50% to $22.61 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.94% to 13,521.45 and Dow Jones Industrial Average DJIA falling 0.65% to 33,891.94.

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

PENN…

Shares of PENN Entertainment Inc.

PENN

slipped 2.50% to $22.61 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index

COMP

falling 0.94% to 13,521.45 and Dow Jones Industrial Average

DJIA

falling 0.65% to 33,891.94.

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

PENN Entertainment Inc. closed $16.74 short of its 52-week high ($39.35), which the company reached on November 15th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Las Vegas Sands Corp.

LVS

fell 0.50% to $47.89, DraftKings Inc. Cl A

DKNG

fell 3.41% to $34.81, and MGM Resorts International

MGM

fell 1.14% to $38.21.

Trading volume (8.1 M) eclipsed its 50-day average volume of 4.9 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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