PENN Entertainment Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

Dow Jones
2024-12-03

DJ PENN Entertainment Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

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

Shares of PENN Entertainment Inc. $(PENN)$ rose 3.47% to $22.34 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.97% to 19,403.95 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.

This was the stock's second consecutive day of gains.

PENN Entertainment Inc. closed $4.87 short of its 52-week high ($27.21), which the company achieved on December 28th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Las Vegas Sands Corp. $(LVS)$ rose 3.66% to $55.00, DraftKings Inc. Cl A (DKNG) rose 0.64% to $43.93, and MGM Resorts International $(MGM)$ fell 0.13% to $38.29.

Trading volume (3.4 M) eclipsed its 50-day average volume of 2.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024.

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(END) Dow Jones Newswires

December 02, 2024 17:30 ET (22:30 GMT)

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