Sunday, February 25, 2024

PENN Entertainment Inc. stock underperforms Monday when compared to competitors despite daily gains

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Shares of PENN Entertainment Inc.

inched 0.47% higher to $23.39 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average

rising 0.33% to 38,797.38 and the NASDAQ Composite Index

falling 0.30% to 15,942.55.

This was the stock’s fifth consecutive day of gains.

PENN Entertainment Inc. closed $9.47 short of its 52-week high ($32.86), which the company reached on February 17th.

The stock underperformed when compared to some of its competitors Monday, as Las Vegas Sands Corp.

rose 1.57% to $54.46, DraftKings Inc. Cl A

rose 0.53% to $43.61, and MGM Resorts International

rose 0.60% to $47.02.

Trading volume (6.5 M) eclipsed its 50-day average volume of 5.0 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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