Home Entertainment PENN Entertainment Inc. inventory falls Friday, underperforms market

PENN Entertainment Inc. inventory falls Friday, underperforms market

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PENN Entertainment Inc. inventory falls Friday, underperforms market

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Published: June 16, 2023 at 5:34 p.m. ET

Shares of PENN Entertainment Inc. PENN shed 3.87% to $24.84 Friday, on what proved to be an all-around grim buying and selling session for the inventory market, with the NASDAQ Composite Index COMP falling 0.68% to 13,689.57 and Dow Jones Industrial Average DJIA falling 0.32% to 34,299.12.

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

PENN Entertainment…

Shares of PENN Entertainment Inc.

PENN

shed 3.87% to $24.84 Friday, on what proved to be an all-around grim buying and selling session for the inventory market, with the NASDAQ Composite Index

COMP

falling 0.68% to 13,689.57 and Dow Jones Industrial Average

DJIA

falling 0.32% to 34,299.12.

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

PENN Entertainment Inc. closed $14.51 wanting its 52-week excessive ($39.35), which the corporate reached on November fifteenth.

The inventory underperformed when in comparison with a few of its opponents Friday, as Las Vegas Sands Corp.

LVS

fell 0.36% to $58.45, DraftKings Inc. Cl A

DKNG

fell 1.29% to $24.51, and MGM Resorts International

MGM

fell 2.47% to $42.64.

Trading quantity (4.8 M) eclipsed its 50-day common quantity of two.6 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation know-how supplier, utilizing information from Dow Jones and FactSet. See our market data terms of use.

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