PENN Entertainment Inc. stock outperforms market on strong trading day

Date:

Published: Aug. 25, 2023 at 5:39 p.m. ET

Shares of PENN Entertainment Inc. PENN advanced 2.17% to $23.50 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.94% to 13,590.65 and the Dow Jones Industrial Average DJIA rising 0.73% to 34,346.90.

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

PENN…

Shares of PENN Entertainment Inc.

PENN

advanced 2.17% to $23.50 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index

COMP

rising 0.94% to 13,590.65 and the Dow Jones Industrial Average

DJIA

rising 0.73% to 34,346.90.

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

PENN Entertainment Inc. closed $15.85 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 Friday, as Las Vegas Sands Corp.

LVS

fell 1.41% to $52.62, DraftKings Inc. Cl A

DKNG

rose 3.30% to $28.15, and MGM Resorts International

MGM

fell 0.54% to $42.17.

Trading volume (5.2 M) eclipsed its 50-day average volume of 5.2 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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