DJ PENN Entertainment Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of PENN Entertainment Inc. $(PENN)$ rallied 4.85% to $19.67 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.24% to 19,864.98 and the Dow Jones Industrial Average falling 0.06% to 42,706.56.
The stock's rise snapped a two-day losing streak.
PENN Entertainment Inc. closed $5.86 short of its 52-week high ($25.53), which the company achieved on January 8th.
The stock outperformed some of its competitors Monday, as Las Vegas Sands Corp. $(LVS)$ rose 1.01% to $50.93, DraftKings Inc. Cl A (DKNG) fell 0.53% to $37.25, and MGM Resorts International $(MGM)$ fell 0.44% to $33.94.
Trading volume (3.4 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 6, 2025.
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(END) Dow Jones Newswires
January 06, 2025 17:37 ET (22:37 GMT)
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