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PENN Entertainment Inc. stock falls Monday, underperforms market

Shares of PENN Entertainment Inc.
PENN,
-2.43%
shed 2.43% to $34.18 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
COMP,
-1.93%
falling 1.93% to 11,239.94 and Dow Jones Industrial Average
DJIA,
-1.40%
falling 1.40% to 33,947.10. This was the stock’s second consecutive day of losses. PENN Entertainment Inc. closed $19.19 short of its 52-week high ($53.37), which the company achieved on December 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Las Vegas Sands Corp.
LVS,
-0.54%
fell 0.54% to $47.70, DraftKings Inc.
DKNG,
-4.26%
fell 4.26% to $14.83, and MGM Resorts International
MGM,
+1.94%
rose 1.94% to $37.80. Trading volume (2.0 M) remained 1.1 million below its 50-day average volume of 3.2 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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