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PENN Entertainment Inc. Stock Gains Tuesday, Still Underperforms Market


Posted: Mar 14, 2023 5:17pm EST

Shares of PENN Entertainment Inc. edged up 0.63% to $26.95 on Tuesday, proving to be a broadly positive session for stocks, with the Nasdaq Composite up 2.14% to 11,428.15 and the Dow Jones Industrial Average DJIA up. 1.06% to 32,155.40. The stock’s gains snapped a three-day losing streak. PENN Entertainment Inc. closed $18.46 below the company’s March 18 52-week high of $45.41.

The stock has had a mixed performance compared to some…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite rose 0.63% to $26.95 on Tuesday, proving to be a broadly positive session for stocks

Compare

up 2.14% to 11,428.15 and the Dow Jones Industrial Average

Dow

It rose 1.06 percent to 32,155.40. The stock’s gains snapped a three-day losing streak. PENN Entertainment Inc. closed $18.46 below the company’s March 18 52-week high of $45.41.

The stock had a mixed performance on Tuesday compared with some rivals, such as Las Vegas Sands Corp.

LVS

Down 0.11 percent to $55.88, DraftKings Inc. Cl A

DKNG

down 0.77% to $18.08, MGM Resorts International

MGM

Up 1.41 percent to $42.33. Transaction volume (3.3 million) exceeded its 50-day average of 2.2 million.

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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