HomeEntertainmentPENN Entertainment Inc. shares fall on Friday, underperforming

PENN Entertainment Inc. shares fall on Friday, underperforming

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Posted: May 12, 2023 5:17pm EST

Shares of PENN Entertainment Inc. fell 1.68% to $24.64 on Friday in what proved to be a broad session for the stock market, with the Nasdaq Composite Index COMP down 0.35% to 12,284.74 and the Dow Jones Industrial Average DJIA down 0.03% to 33,300.62.

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

Pennsylvania Entertainment…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite fell 1.68% to $24.64 on Friday in what proved to be a broad session for the stock market

Compare

down 0.35% to 12,284.74 and the Dow Jones Industrial Average

Dow

It fell 0.03% to 33,300.62.

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

PENN Entertainment Inc. closed $14.71 below the company’s Nov. 15 52-week high of $39.35.

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

LVS

Down 1.68 percent to $60.12, DraftKings Inc. Cl A

DKNG

down 1.96% to $23.53, MGM Resorts International

MGM

It fell 1.29 percent to $41.97.

Transaction volume (3.3 million) exceeded its 50-day average transaction volume of 2.5 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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