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PENN Entertainment Inc. Stock Falls Thursday, Underperforming Market

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Posted: Mar 23, 2023 5:17pm EST

Shares of PENN Entertainment Inc. fell 1.88% to $27.67 on Thursday in what proved to be a broadly positive session for stocks, with the Nasdaq Composite up 1.01% to 11,787.40 and the Dow Jones Industrial Average DJIA up 0.23 % to 32,105.25. It was the second day in a row that the stock fell. PENN Entertainment Inc. closed $17.38 below the company’s 52-week high of $45.05 reached on March 29.

The stock underperformed compared to some of its rivals on Thursday,…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite fell 1.88% to $27.67 on Thursday, proving to be a broadly favorable session for stocks

Compare

up 1.01% to 11,787.40 and the Dow Jones Industrial Average

Dow

It rose 0.23 percent to 32,105.25. It was the second day in a row that the stock fell. PENN Entertainment Inc. closed $17.38 below the company’s 52-week high of $45.05 reached on March 29.

On Thursday, the stock underperformed compared with some rivals such as Las Vegas Sands.

LVS

Up 0.53 percent to $54.73, DraftKings Inc. Cl A

DKNG

down 0.74% to $17.48, MGM Resorts International

MGM

It fell 0.87% to $41.23. Transaction volume (2.6 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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