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PENN Entertainment Inc. Stock Outperforms on Strong Day

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Posted: Jul 7, 2023 5:33pm EST

PENN Entertainment Inc. Shares of PENN rose 4.74% to $24.73 on Friday as the stock market session proved grim across the board, with the Nasdaq Composite Index COMP falling 0.13% to 13,660.72 and the Dow Jones Industrial Average DJIA falling 0.55% to 33,734.88.

The stock’s gains snapped a two-day losing streak.

Payne Entertainment…

Shares of PENN Entertainment Inc.

Payne

On Friday, the Nasdaq Composite rose 4.74% to $24.73 in what proved to be a grim session across the board for the stock market.

Compare

The Dow Jones Industrial Average fell 0.13% to 13,660.72

Dow Jones Index

It fell 0.55% to 33,734.88.

The stock’s gains snapped a two-day losing streak.

PENN Entertainment Inc. closed $14.62 below the company’s Nov. 15 52-week high of $39.35.

The stock had a mixed performance Friday compared with some of its rivals, such as Las Vegas Sands Corp. .

LVS

DraftKings Inc. Cl A rose 1.83 percent to $55.72

East Ken NG

MGM Resorts International rose 5.63% to $26.65

MGM

Up 2.38 percent to $43.09.

Transaction volume (3.7 million) exceeded the 50-day average of 3 million transactions.

Editor’s Note: This story was automatically generated by Automation Insightsan automation technology provider, uses data from Dow Jones and FactSet. Please see our Market Data Terms of Use.

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