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PENN Entertainment Inc. Stock Outperforms Market on Strong Day

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Posted: Jun 2, 2023 5:34pm EST

Shares of PENN Entertainment Inc. rose 6.49 percent to $26.41 on Friday in what proved to be a broad session for stocks, with the Nasdaq Composite up 1.07 percent to 13,240.77 and the Dow Jones Industrial Average DJIA up 2.12. % to 33,762.76.

PENN Entertainment Inc. closed $12.94 below the company’s 52-week high of $39.35 reached on Nov. 15.

this…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite rose 6.49% to $26.41 on Friday, proving to be a broad day for stocks

Compare

up 1.07% to 13,240.77 and the Dow Jones Industrial Average

Dow

It rose 2.12 percent to 33,762.76.

PENN Entertainment Inc. closed $12.94 below the company’s 52-week high of $39.35 reached on Nov. 15.

On Friday, the stock outperformed some of its rivals, such as Las Vegas Sands.

LVS

Up 6.29 percent to $58.94, DraftKings Inc. Cl A

DKNG

up 2.01 percent to $24.92, MGM Resorts International

MGM

Up 4.06 percent to $40.71.

Transaction volume (3.3 million) exceeded its 50-day average of 2.6 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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