PENN Entertainment Inc. stock falls Friday, still outperforms market

Date:

Published: Aug. 4, 2023 at 5:31 p.m. ET

Shares of PENN Entertainment Inc. PENN sank 0.28% to $24.51 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.36% to 13,909.24 and Dow Jones Industrial Average DJIA falling 0.43% to 35,065.62.

This was the stock’s fourth consecutive day of losses.

PENN Entertainment…

Shares of PENN Entertainment Inc.

PENN

sank 0.28% to $24.51 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index

COMP

falling 0.36% to 13,909.24 and Dow Jones Industrial Average

DJIA

falling 0.43% to 35,065.62.

This was the stock’s fourth consecutive day of losses.

PENN Entertainment Inc. closed $14.84 below its 52-week high ($39.35), which the company reached on November 15th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Las Vegas Sands Corp.

LVS

fell 0.22% to $57.94, DraftKings Inc. Cl A

DKNG

rose 5.84% to $31.74, and MGM Resorts International

MGM

fell 1.68% to $44.99.


Editor’s Note: This story was auto-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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