Entertainment

PENN Entertainment Inc. shares rise on Thursday, still underperforming the market

Posted: May 25, 2023 5:17 PM ET

PENN Entertainment Inc. PENN shares rose 0.32% to $24.97 on Thursday in what turned out to be a mixed trading session for the stock market, with the NASDAQ COMP composite index rising 1 .71% to 12,698.09 and the Dow Jones Industrial Average DJIA fell 0.11% to 32,764.65.

PENN Entertainment Inc. closed $14.38 below its 52-week high ($39.35), which the company hit on Nov. 15.

THE…

PENN Entertainment Inc. PENN shares rose 0.32% to $24.97 on Thursday in what turned out to be a mixed trading session for the stock market, with the NASDAQ COMP composite index rising 1 .71% to 12,698.09 and the Dow Jones Industrial Average DJIA fell 0.11% to 32,764.65.

PENN Entertainment Inc. closed $14.38 below its 52-week high ($39.35), which the company hit on Nov. 15.

The stock posted a mixed performance against some of its peers on Thursday, as Las Vegas Sands Corp. LVS fell 0.14% to $55.82, DraftKings Inc. Cl A DKNG fell 1.90% to $23.69 and MGM Resorts International MGM rose 0.33% to $39.96. .

Trading volume (2.2M) remained 425,283 below its 50-day average volume of 2.6M.

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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