DJ PENN Entertainment Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of PENN Entertainment Inc. $(PENN)$ slipped 2.17% to $20.74 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.81% to 19,859.77 and the Dow Jones Industrial Average falling 0.28% to 44,642.52.
This was the stock's second consecutive day of losses.
PENN Entertainment Inc. closed $6.47 short of its 52-week high ($27.21), which the company reached on December 28th.
The stock underperformed when compared to some of its competitors Friday, as Las Vegas Sands Corp. $(LVS)$ rose 0.28% to $53.99, DraftKings Inc. Cl A (DKNG) fell 1.29% to $44.26, and MGM Resorts International $(MGM)$ fell 0.49% to $36.66.
Trading volume (2.4 M) remained 264,654 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2024.
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(END) Dow Jones Newswires
December 06, 2024 17:30 ET (22:30 GMT)
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