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Posted: Jun 16, 2023 5:34pm EST
Shares of PENN Entertainment Inc. fell 3.87% to $24.84 on Friday in what proved to be a broadly sluggish session for stocks, with the Nasdaq Composite down 0.68% to 13,689.57 and the Dow Jones Industrial Average DJIA down 0.32% to 34,299.12 .
It was the fourth straight day of losses for the stock.
Pennsylvania Entertainment…
Shares of PENN Entertainment Inc.
Payne
The Nasdaq Composite fell 3.87% to $24.84 on Friday in what proved to be a broadly sluggish day for stocks
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fell 0.68% to 13,689.57 and the Dow Jones Industrial Average
Dow
It fell 0.32% to 34,299.12.
It was the fourth straight day of losses for the stock.
PENN Entertainment Inc. closed $14.51 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 0.36 percent to $58.45, DraftKings Inc. Cl A
DKNG
down 1.29 percent to $24.51, MGM Resorts International
MGM
It fell 2.47% to $42.64.
Transaction volume (4.8 million) exceeded its 50-day average transaction volume 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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