PENN Entertainment Inc. Stock Underperforms Wednesday When Compared To Competitors

Dow Jones
2024-11-28

DJ PENN Entertainment Inc. Stock Underperforms Wednesday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of PENN Entertainment Inc. $(PENN)$ slid 0.99% to $21.08 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.60% to 19,060.48 and Dow Jones Industrial Average falling 0.31% to 44,722.06.

The stock's fall snapped a four-day winning streak.

PENN Entertainment Inc. closed $6.13 short of its 52-week high ($27.21), which the company reached on December 28th.

The stock underperformed when compared to some of its competitors Wednesday, as Las Vegas Sands Corp. $(LVS)$ rose 0.98% to $51.42, DraftKings Inc. Cl A (DKNG) fell 0.07% to $43.03, and MGM Resorts International $(MGM)$ fell 0.48% to $37.37.

Trading volume (2.7 M) remained 83,099 below its 50-day average volume of 2.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 27, 2024.

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(END) Dow Jones Newswires

November 27, 2024 17:30 ET (22:30 GMT)

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