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PENN Entertainment Inc. shares rise on Friday, but still underperform

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Posted: Jun 30, 2023 5:33pm EST

PENN Entertainment Inc. Shares of PENN edged up 0.92% to $24.03 on Friday in a broadly favorable session for stocks, with the Nasdaq Composite up 1.45% to 13,787.92 and the Dow Jones Industrial Average . The DJIA rose 0.84% ​​to 34,407.60.

It was the second day in a row that the stock rose.

Payne…

Shares of PENN Entertainment Inc.

Payne

On Friday, the Nasdaq Composite rose 0.92% to $24.03 in what was a broadly favorable session for stocks

Compare

The Dow Jones Industrial Average rose 1.45% to 13,787.92

Dow Jones Index

It rose 0.84% ​​to 34,407.60.

It was the second day in a row that the stock rose.

PENN Entertainment Inc. closed $15.32 below its Nov. 15 52-week high of $39.35.

The stock underperformed on Friday compared with some competitors, including Las Vegas Sands Corp.

LVS

DraftKings Inc. Cl A rose 1.08 percent to $58.00

East Ken NG

MGM Resorts International rose 1.14% to $26.57

MGM

It rose 2.12 percent to $43.92.

Transaction volume (2.0 million) remained below the 50-day average of 920,733 transactions of 2.9 million.

Editor’s Note: This story was automatically generated by Automation Insightsan automation technology provider, uses data from Dow Jones and FactSet. Please see our Market Data Terms of Use.

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