PENN Entertainment Inc. Stock Slips 5.1%, Underperforms Competitors

Dow Jones
03-08

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

Shares of PENN Entertainment Inc. slipped 5.1% to $18.28 on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.7% to 18,196.22 and the Dow Jones Industrial Average rising 0.5% to 42,801.72.

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

PENN Entertainment Inc. closed 20.8% below its 52-week high of $23.08, which the company reached on February 14th.

The stock underperformed when compared to some of its competitors, as Las Vegas Sands Corp. fell 0.7% to $45.06, DraftKings Inc. Cl A fell 1.7% to $39.41, and MGM Resorts International rose 1.23% to $32.03.

Trading volume totaled 6.8 million, compared to the 50-day average of 4.5 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 07, 2025 16:35 ET (21:35 GMT)

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