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PENN Entertainment Inc. shares rise on Friday, outperforming the market

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Posted: Mar 24, 2023 5:16pm EST

Shares of PENN Entertainment Inc. rose 1.16% to $27.99 on Friday in what proved to be a broadly positive session for stocks, with the Nasdaq Composite up 0.31% to 11,823.96 and the Dow Jones Industrial Average DJIA up. 0.41% to 32,237.53. The stock’s gains snapped a two-day losing streak. PENN Entertainment Inc. closed $17.06 below the company’s March 29 52-week high of $45.05.

The stock has had a mixed performance compared to some of its rivals…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite rose 1.16% to $27.99 on Friday, proving to be a broadly favorable session for stocks, with the Nasdaq Composite

Compare

Up 0.31% to 11,823.96 and the Dow Jones Industrial Average

Dow

It rose 0.41% to 32,237.53. The stock’s gains snapped a two-day losing streak. PENN Entertainment Inc. closed $17.06 below the company’s March 29 52-week high of $45.05.

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

LVS

Down 0.69 percent to $54.35, DraftKings Inc. Cl A

DKNG

up 1.43% to $17.73, MGM Resorts International

MGM

It fell 0.29 percent to $41.11. Transaction volume (3.8 million) exceeded its 50-day average transaction volume of 2.2 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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