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

PENN Entertainment Inc. inventory falls Tuesday, underperforms market

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PENN Entertainment Inc. inventory falls Tuesday, underperforms market

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Published: March 7, 2023 at 5:16 p.m. ET

Shares of PENN Entertainment Inc. PENN shed 1.62% to $29.83 Tuesday, on what proved to be an all-around dismal buying and selling session for the inventory market, with the NASDAQ Composite Index COMP falling 1.25% to 11,530.33 and Dow Jones Industrial Average DJIA falling 1.72% to 32,856.46. This was the inventory’s second consecutive day of losses. PENN Entertainment Inc. closed $15.58 beneath its 52-week excessive ($45.41), which the corporate achieved on March 18th.

The inventory underperformed when in comparison with a few of its rivals Tuesday, as Las…

Shares of PENN Entertainment Inc.

PENN

shed 1.62% to $29.83 Tuesday, on what proved to be an all-around dismal buying and selling session for the inventory market, with the NASDAQ Composite Index

COMP

falling 1.25% to 11,530.33 and Dow Jones Industrial Average

DJIA

falling 1.72% to 32,856.46. This was the inventory’s second consecutive day of losses. PENN Entertainment Inc. closed $15.58 beneath its 52-week excessive ($45.41), which the corporate achieved on March 18th.

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

LVS

fell 1.57% to $59.00, DraftKings Inc. Cl A

DKNG

rose 0.89% to $19.36, and MGM Resorts International

MGM

fell 1.04% to $44.82. Trading quantity (2.2 M) remained 12,642 beneath its 50-day common quantity of two.2 M.


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

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