Published: Oct. 25, 2023 at 5:32 p.m. ET
Shares of PENN Entertainment Inc. PENN shed 8.56% to $19.02 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP falling 2.43% to 12,821.22 and Dow Jones Industrial Average DJIA falling 0.32% to 33,035.93.
This was the stock’s second consecutive day of losses.
PENN Entertainment…
Shares of PENN Entertainment Inc.
PENN
shed 8.56% to $19.02 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP
falling 2.43% to 12,821.22 and Dow Jones Industrial Average
DJIA
falling 0.32% to 33,035.93.
This was the stock’s second consecutive day of losses.
PENN Entertainment Inc. closed $20.33 short of its 52-week high ($39.35), which the company achieved on November 15th.
The stock underperformed when compared to some of its competitors Wednesday, as Las Vegas Sands Corp.
LVS
fell 0.92% to $47.20, DraftKings Inc. Cl A
DKNG
fell 6.30% to $27.35, and MGM Resorts International
MGM
fell 5.54% to $34.63.
Trading volume (11.8 M) eclipsed its 50-day average volume of 4.1 M.
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.
