DJ PENN Entertainment Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of PENN Entertainment Inc. $(PENN)$ rose 1.72% to $20.09 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.46% to 18,552.73 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
The stock's rise snapped a two-day losing streak.
PENN Entertainment Inc. closed 12.95% short of its 52-week high of $23.08, which the company reached on February 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Las Vegas Sands Corp. $(LVS)$ rose 2.13% to $46.05, DraftKings Inc. Cl A (DKNG) rose 5.11% to $43.41, and MGM Resorts International $(MGM)$ rose 0.67% to $32.83.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 17:30 ET (22:30 GMT)
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