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Posted: May 19, 2023 5:16pm EST
Shares of PENN Entertainment Inc. fell 1.96% to $24.53 on Friday in what proved to be a broadly sluggish session for stocks, with the Nasdaq Composite down 0.24% to 12,657.90 and the Dow Jones Industrial Average DJIA down 0.33% to 33,426.63 .
The stock’s decline snapped a two-day winning streak.
Pennsylvania Entertainment…
Shares of PENN Entertainment Inc.
Payne
The Nasdaq Composite fell 1.96% to $24.53 on Friday in what proved to be a broadly sluggish day for stocks
Compare
down 0.24% to 12,657.90 and the Dow Jones Industrial Average
Dow
It fell 0.33% to 33,426.63.
The stock’s decline snapped a two-day winning streak.
PENN Entertainment Inc. closed $14.82 below the company’s Nov. 15 52-week high of $39.35.
The stock underperformed on Friday compared with some rivals such as Las Vegas Sands.
LVS
Down 0.25 percent to $60.49, DraftKings Inc. Cl A
DKNG
up 0.54% to $24.11, MGM Resorts International
MGM
It fell 1.07 percent to $42.48.
Transaction volume (4.3 million) exceeded its 50-day average of 2.6 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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