36 C
Dubai
Monday, June 5, 2023
spot_img

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


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.



Source link

Related Articles

Art and other events in the park showcase year-round entertainment

by Sharon Mag There's no shortage of offerings to encourage Anne Arundel County residents to get outside and enjoy what's happening in the area....

Party People Entertainment joins the party at AATG – NWILife

Sharing quality moments with those closest to us is what turns a place into a community. Partisan Entertainment knows this better than anyone....

Vacant building in downtown Greer to become entertainment center > GSA Business

Developers are under contract to purchase an abandoned building in downtown Greer and turn it into an entertainment center.Developer Bryan Beal, CEO of...

Latest Articles