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PENN Entertainment Inc. Stock Outperforms Market Despite Day’s Loss

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Posted: May 2, 2023 5:16pm EST

PENN Entertainment Inc. Shares of PENN fell 0.16% to $30.48 on Tuesday in what proved to be a broadly weak session for stocks, with the Nasdaq Composite down 1.08% to 12,080.51 and the Dow Jones Industrial Average DJIA down 1.08% to 33,684.53.

The stock’s decline snapped a three-day winning streak.

Pennsylvania Entertainment…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite fell 0.16% to $30.48 on Tuesday, in what proved to be a broadly weak trading session for stocks

Compare

down 1.08% to 12,080.51 and the Dow Jones Industrial Average

Dow

It fell 1.08% to 33,684.53.

The stock’s decline snapped a three-day winning streak.

PENN Entertainment Inc. closed $8.87 below the company’s Nov. 15 52-week high of $39.35.

Despite the losses, the stock outperformed some of its rivals on Tuesday, such as Las Vegas Sands.

LVS

Down 1.90 percent to $63.63, DraftKings Inc. Cl A

DKNG

down 2.52 percent to $22.03, MGM Resorts International

MGM

It fell 0.20 percent to $45.95.

Transaction volume (2.9 million) exceeded its 50-day average of 2.1 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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