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Posted: May 24, 2023 5:17pm EST
Shares of PENN Entertainment Inc. fell 1.58% to $24.89 on Wednesday in what proved to be an all-around bad day for the stock market, with the Nasdaq Composite down 0.61% to 12,484.16 and the Dow Jones Industrial Average DJIA down 0.77% to 32,799.92. .
The stock’s decline snapped a two-day winning streak.
Pennsylvania Entertainment…
Shares of PENN Entertainment Inc.
Payne
The Nasdaq Composite fell 1.58% to $24.89 on Wednesday in what proved to be a broadly sluggish day for stocks
Compare
down 0.61% to 12,484.16 and the Dow Jones Industrial Average
Dow
It fell 0.77% to 32,799.92.
The stock’s decline snapped a two-day winning streak.
PENN Entertainment Inc. closed $14.46 below the company’s 52-week high of $39.35 reached on Nov. 15.
The stock underperformed Wednesday compared with some of its rivals, such as Las Vegas Sands.
LVS
Up 0.34 percent to $55.90, DraftKings Inc. Cl A
DKNG
down 0.49% to $24.15, MGM Resorts International
MGM
It fell 0.85 percent to $39.83.
Transaction volume (2.3 million) was still below its 50-day average of 2.6 million at 365,390.
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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