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PENN Entertainment Inc. Stock Falls Friday, But Still Outperforms Market

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Posted: Mar 17, 2023 5:16pm EST

Shares of PENN Entertainment Inc. fell 0.51 percent to $27.48 on Friday in what proved to be a broad session for the stock market, with the Nasdaq Composite down 0.74 percent to 11,630.51 and the Dow Jones Industrial Average DJIA down 1.19 percent to 31,861.98. PENN Entertainment Inc. closed $17.93 below the company’s March 18 52-week high of $45.41.

The stock’s performance was mixed compared to some of its rivals on Friday, with Las Vegas Sands LVS up 0.40% to $54.69,…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite fell 0.51% to $27.48 on Friday in what proved to be a broad session for stocks

Compare

down 0.74% to 11,630.51 and the Dow Jones Industrial Average

Dow

It fell 1.19% to 31,861.98. PENN Entertainment Inc. closed $17.93 below the company’s March 18 52-week high of $45.41.

The stock’s performance was mixed on Friday compared with some of its rivals, such as Las Vegas Sands.

LVS

Up 0.40 percent to $54.69, DraftKings Inc. Cl A

DKNG

down 3.46 percent to $17.87, MGM Resorts International

MGM

It fell 1.67 percent to $41.25. Transaction volume (3.3 million) exceeded its 50-day average transaction volume of 2.3 million.

Editor’s note: This story was automatically generated Automation Insightsan automated technology provider, uses data from Dow Jones and FactSet. Please see our Market Data Terms of Use.

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