20 C
Dubai
Wednesday, December 25, 2024
spot_img

PENN Entertainment Inc. Stock Falls Wednesday, Underperforms Market

[ad_1]

Posted: May 3, 2023 5:17pm EST

Shares of PENN Entertainment Inc. fell 1.21% to $30.11 on Wednesday in what turned out to be a broadly sluggish session for stocks, with the Nasdaq Composite down 0.46% to 12,025.33 and the Dow Jones Industrial Average DJIA down 0.80% to 33,414.24.

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

Payne…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite fell 1.21% to $30.11 on Wednesday in what proved to be a broadly sluggish day for stocks

Compare

fell 0.46% to 12,025.33 and the Dow Jones Industrial Average

Dow

It fell 0.80% to 33,414.24.

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

PENN Entertainment Inc. closed $9.24 below the company’s 52-week high of $39.35 reached on Nov. 15.

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

LVS

Down 3.46 percent to $61.43, DraftKings Inc. Cl A

DKNG

down 0.50% to $21.92, MGM Resorts International

MGM

It fell 4.81% to $43.74.

Transaction volume (2 million) was still below its 50-day average of 2.1 million at 136,551.

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.

[ad_2]

Source link

Related Articles

Jeff Bezos and Lauren Sanchez Shut Down $600M Aspen Wedding Rumors: ‘Completely False’

Jeff Bezos and Lauren Sanchez have strongly refuted a recent report claiming they are planning a lavish $600 million wedding in Aspen. The Jeff Bezos...

UAE Team Emirates Accelerates to New Heights: Landmark Sponsorship with XRG Fuels Future Success

UAE Team Emirates cycling team, renowned for its achievements on the global stage, has announced a groundbreaking six-year sponsorship agreement with the Emirati energy...

Discover Dubai 5 Unique Things to Do

5 Unique Things to Do in Dubai Beyond the Usual Dubai is known for its luxury shopping, modern architecture, and lively nightlife, but there's so...

Kim Kardashian Transforms Broken Foot into Fashion Statement with Trendy Wedge Heel-Inspired Cast

Kim Kardashian has once again proven her flair for turning even the most unexpected situations into a style statement. The reality star Kim Kardashian and...

Taylor Swift Empowers Crew with Unprecedented Generosity: $197 Million in Bonuses Highlights Her Leadership and Dedication

Taylor Swift, the global pop sensation and cultural phenomenon, has once again captured the world’s attention, not just with her record-breaking Eras Tour but...

Latest Articles