PENN Entertainment Inc. stock falls Wednesday, underperforms market

Date:

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.

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