Entertainment

PENN Entertainment Inc. shares fall on Friday and still outperform the market

Posted: March 17, 2023 5:16 PM ET

PENN Entertainment Inc. PENN shares fell 0.51% to $27.48 on Friday in what turned out to be a tough trading session for the stock market, with the NASDAQ COMP Composite Index dropping 0 .74% to 11,630.51 and the Dow Jones Industrial Average DJIA falling 1.19. % to 31,861.98. PENN Entertainment Inc. closed $17.93 below its 52-week high ($45.41), which the company hit on March 18.

The stock posted a mixed performance against some of its peers on Friday, as Las Vegas Sands Corp. LVS rose 0.40% to $54.69,…

PENN Entertainment Inc. PENN shares fell 0.51% to $27.48 on Friday in what turned out to be a tough trading session for the stock market, with the NASDAQ COMP Composite Index dropping 0 .74% to 11,630.51 and the Dow Jones Industrial Average DJIA falling 1.19. % to 31,861.98. PENN Entertainment Inc. closed $17.93 below its 52-week high ($45.41), which the company hit on March 18.

The stock posted a mixed performance against some of its peers on Friday, as Las Vegas Sands Corp. LVS rose 0.40% to $54.69, DraftKings Inc. Cl A DKNG fell 3.46% to $17.87 and MGM Resorts International MGM fell 1.67% to $41.25. . Trading volume (3.3M) eclipsed its 50-day average volume of 2.3M.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our Market Data Terms of Use.

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