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PENN Entertainment Inc. Stock Falls Thursday, Underperforming Market

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Posted: Apr 6, 2023 5:16pm EST

Shares of PENN Entertainment Inc. fell 0.45% to $28.93 on Thursday in what proved to be a broadly positive session for stocks, with the Nasdaq Composite up 0.76% to 12,087.96 and the Dow Jones Industrial Average DJIA up. 0.01% to 33,485.29. It was the fourth straight day of losses for the stock. PENN Entertainment Inc. closed $10.96 below its 52-week high of $39.89 reached on April 19.

The stock has had a mixed performance compared to some…

Shares of PENN Entertainment Inc.

Payne

Falling 0.45% to $28.93 on Thursday, the Nasdaq Composite proved to be an all-around positive session for stocks

Compare

up 0.76% to 12,087.96 and the Dow Jones Industrial Average

Dow

It rose 0.01 percent to 33,485.29. It was the fourth straight day of losses for the stock. PENN Entertainment Inc. closed $10.96 below its 52-week high of $39.89 reached on April 19.

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

LVS

Up 0.81 percent to $57.01, DraftKings Inc. Cl A

DKNG

up 1.11 percent to $18.16, MGM Resorts International

MGM

It fell 0.46% to $42.98. Transaction volume (1.4 million) was still below its 50-day average of 2.3 million at 919,341.

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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