PENN Entertainment Inc. stock falls Thursday, underperforms market

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PENN Entertainment Inc. stock falls Thursday, underperforms market

Published: Feb. 23, 2023 at 5:16 p.m. ET

Shares of PENN Entertainment Inc. PENN slid 1.32% to $31.30 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.72% to 11,590.40 and the Dow Jones Industrial Average DJIA rising 0.33% to 33,153.91. PENN Entertainment Inc. closed $20.42 short of its 52-week high ($51.72), which the company reached on March 2nd.

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

Shares of PENN Entertainment Inc.

PENN

slid 1.32% to $31.30 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index

COMP

rising 0.72% to 11,590.40 and the Dow Jones Industrial Average

DJIA

rising 0.33% to 33,153.91. PENN Entertainment Inc. closed $20.42 short of its 52-week high ($51.72), which the company reached on March 2nd.

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

LVS

fell 1.55% to $56.46, DraftKings Inc. Cl A

DKNG

fell 2.51% to $19.04, and MGM Resorts International

MGM

fell 0.28% to $43.15. Trading volume (1.9 M) remained 414,602 below its 50-day average volume of 2.3 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.