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PENN Entertainment Inc. Stock Outperforms Rivals on Strong Day

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Posted: Feb 7, 2023 5:16pm EST

Shares of PENN Entertainment Inc. rose 3.87% to $34.38 on Tuesday in what proved to be a broad session for stocks, with the Nasdaq Composite up 1.90% to 12,113.79 and the Dow Jones Industrial Average DJIA up 0.78% to 34,156.69. PENN Entertainment Inc. closed $17.34 below the company’s March 2 52-week high of $51.72.

The stock outperformed some rivals on Tuesday, with Las Vegas Sands LVS up 0.33% to $58.04, DraftKings Inc. DKNG…

Shares of PENN Entertainment Inc.

Payne

The Nasdaq Composite rose 3.87% to $34.38 on Tuesday, proving to be a broad day for stocks

Compare

up 1.90% to 12,113.79 and the Dow Jones Industrial Average

Dow

It rose 0.78% to 34,156.69. PENN Entertainment Inc. closed $17.34 below the company’s March 2 52-week high of $51.72.

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

LVS

DraftKings Inc. rose 0.33 percent to $58.04.

DKNG

up 3.42 percent to $17.53, MGM Resorts International

MGM

Up 1.82 percent to $41.99. Transaction volume (2 million) was still below its 50-day average of 2.3 million at 271,543.

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