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PENN Entertainment Inc. Stock Gains Wednesday, Outperforming Market

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Posted: Apr 19, 2023 5:16pm EST

Shares of PENN Entertainment Inc. edged up 0.55% to $29.28 on Wednesday in what proved to be a broadly mixed session for stocks, with the Nasdaq Composite up 0.03% to 12,157.23 and the Dow Jones Industrial Average DJIA down 0.23% to 33,897.01 .

It was the second day in a row that the stock rose.

Payne…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite edged up 0.55% to $29.28 on Wednesday in what proved to be a broadly mixed session for the stock market

Compare

Up 0.03% to 12,157.23 and the Dow Jones Industrial Average

Dow

It fell 0.23% to 33,897.01.

It was the second day in a row that the stock rose.

PENN Entertainment Inc. closed $10.50 below the company’s 52-week high of $39.78 reached on April 21.

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

LVS

Up 0.02 percent to $59.36, DraftKings Inc. Cl A

DKNG

up 2.25 percent to $21.39, MGM Resorts International

MGM

It rose 0.11 percent to $44.64.

Transaction volume (1.2 million) was still below its 50-day average of 2.1 million at 887,908.

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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