DJ PENN Entertainment Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of PENN Entertainment Inc. $(PENN)$ slid 1.37% to $20.94 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.64% to 19,107.65 and Dow Jones Industrial Average falling 0.47% to 43,750.86.
This was the stock's second consecutive day of losses.
PENN Entertainment Inc. closed $6.27 short of its 52-week high ($27.21), which the company reached on December 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Las Vegas Sands Corp. $(LVS)$ fell 2.02% to $48.53, DraftKings Inc. Cl A (DKNG) fell 1.77% to $41.14, and MGM Resorts International $(MGM)$ fell 1.21% to $37.52.
Trading volume (1.8 M) remained 1.3 million below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2024.
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(END) Dow Jones Newswires
November 14, 2024 17:30 ET (22:30 GMT)
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