DJ PENN Entertainment Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of PENN Entertainment Inc. $(PENN)$ slipped 4.23% to $16.53 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.71% to 17,504.12 and Dow Jones Industrial Average falling 0.62% to 41,581.31.
The stock's fall snapped a two-day winning streak.
PENN Entertainment Inc. closed 28.38% 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 Tuesday, as Las Vegas Sands Corp. $(LVS)$ fell 0.92% to $43.27, DraftKings Inc. Cl A (DKNG) fell 4.70% to $36.91, and MGM Resorts International $(MGM)$ fell 1.73% to $31.86.
Trading volume (3.1 M) remained 1.8 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 18, 2025.
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(END) Dow Jones Newswires
March 18, 2025 17:30 ET (21:30 GMT)
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