30.2 C
Dubai
Monday, November 18, 2024
spot_img

PENN Entertainment Inc. shares rise Friday, but still underperform the market

[ad_1]

Posted: Mar 3, 2023 5:16pm EST

Shares of PENN Entertainment Inc. rose 1.30% to $31.16 on Friday in what proved to be a broad session for stocks, with the Nasdaq Composite up 1.97% to 11,689.01 and the Dow Jones Industrial Average DJIA up 1.17%. to 33,390.97. It was the fifth straight day of gains for the stock. PENN Entertainment Inc. closed $17.36 below the company’s 52-week high of $48.52 reached on March 4.

The stock has had a mixed performance compared to some of its rivals…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite rose 1.30% to $31.16 on Friday, proving to be a broad day for stocks

Compare

up 1.97% to 11,689.01 and the Dow Jones Industrial Average

Dow

It rose 1.17 percent to 33,390.97. It was the fifth straight day of gains for the stock. PENN Entertainment Inc. closed $17.36 below the company’s 52-week high of $48.52 reached on March 4.

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

LVS

Up 1.05 percent to $60.80, DraftKings Inc. Cl A

DKNG

up 2.48 percent to $19.04, MGM Resorts International

MGM

Up 1.41 percent to $45.91. Transaction volume (1.8 million) was still below its 50-day average of 2.2 million at 424,490.

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

Dubai Celebrates Flag Day: A Tribute to Unity and National Pride

Dubai marked a proud and spirited celebration of Flag Day, a national event that has become an enduring symbol of unity, pride, and devotion...

Dubai Tourism Boom: Record Visitor Arrivals Drive Unprecedented Growth

Dubai tourism industry is experiencing an unprecedented boom, setting new records for visitor arrivals in 2024. The city, renowned for its luxurious offerings and vibrant...

Dubai Active Fitness Expo Ignites the City: Unleashing Energy and Kicking Off the Dubai Fitness Challenge

Dubai Active Fitness Expo kicks off today at Expo City Dubai, marking the beginning of the highly anticipated Dubai Fitness Challenge. The three-day event, which...

Dubai Gears Up for the Plus500 City Half Marathon: Empowering Runners to Conquer Iconic Routes

Dubai is preparing to host the highly anticipated Plus500 City Half Marathon, an event that promises to attract runners of all levels and offer...

Blockchain Life 2024 in Dubai: A Legendary Gathering of Market Insiders Ahead of the Bull Run

On October 22-23, the legendary Blockchain Life 2024 forum will take place in Dubai. Over 10,000 participants from 120 countries will come together for...

Latest Articles