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PENN Entertainment Inc. Stock Falls Tuesday, Underperforms

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Posted: Feb 21, 2023 5:16pm EST

Shares of PENN Entertainment Inc. fell 3.50% to $31.20 on Tuesday in what proved to be a broadly dismal session for stocks, with the Nasdaq Composite down 2.50% to 11,492.30 and the Dow Jones Industrial Average DJIA down 2.06% to 33,129.59. PENN Entertainment Inc. closed $20.52 below the company’s 52-week high of $51.72 reached on March 2.

The stock underperformed compared with some of its rivals on Tuesday, with Las Vegas Sands LVS up 0.59% to $56.35, DraftKings…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite fell 3.50% to $31.20 on Tuesday in what proved to be a broadly sluggish day for stocks

Compare

down 2.50% to 11,492.30 and the Dow Jones Industrial Average

Dow

It fell 2.06 percent to 33,129.59. PENN Entertainment Inc. closed $20.52 below the company’s 52-week high of $51.72 reached on March 2.

The stock underperformed on Tuesday compared with some rivals such as Las Vegas Sands.

LVS

Up 0.59 percent to $56.35, DraftKings Inc. Cl A

DKNG

down 2.82% to $19.96, MGM Resorts International

MGM

It fell 1.33% to $42.98. Transaction volume (2 million) was still below its 50-day average of 2.3 million at 231,005.

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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