DJ PENN Entertainment Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of PENN Entertainment Inc. $(PENN)$ shed 4.24% to $19.86 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 0.62% to 19,736.69 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
This was the stock's third consecutive day of losses.
PENN Entertainment Inc. closed $7.35 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 Monday, as Las Vegas Sands Corp. $(LVS)$ rose 2.19% to $55.17, DraftKings Inc. Cl A (DKNG) fell 4.02% to $42.48, and MGM Resorts International $(MGM)$ fell 0.16% to $36.60.
Trading volume (3.0 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:30 ET (22:30 GMT)
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