Entertainment

PENN Entertainment Inc. stock outperforms the market on a strong trading day

Published: September 28, 2023 at 17.32 ET

The shares in PENN Entertainment Inc. PENN rose 3.18% to $23.06 on Thursday after what turned out to be a thoroughly stellar trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.83% to 13,201.28 and the Dow Jones Industrial Average DJIA gaining 0 .35% to 33,666.34.

This was the stock’s third straight day of gains.

PENN entertainment…

Shares in PENN Entertainment Inc.

PEN

rose 3.18% to $23.06 on Thursday in what turned out to be a thoroughly stellar trading session for the stock market with the NASDAQ Composite Index

COMP

up 0.83% to 13,201.28 and the Dow Jones Industrial Average

DJIA

rising 0.35% to 33,666.34.

This was the stock’s third straight day of gains.

PENN Entertainment Inc. closed $16.29 below the 52-week high ($39.35) reached by the company on November 15th.

The stock outperformed some of its peers on Thursday as Las Vegas Sands Corp.

LVS

down 1.32% to $45.55, DraftKings Inc. Cl A

DKNG

fell 0.31% to $28.93, and MGM Resorts International

MGM

rose 0.41% to $36.64.

Trading volume (2.6 million) remained at 3.1 million. below its 50-day average volume of 5.7 million.

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

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