---
title: "PENN Entertainment Inc. Stock Rises Wednesday, Still Underperforms Market"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282100145.md"
description: "Shares of PENN Entertainment Inc. rose 1.86% to $15.33 on Wednesday, despite underperforming the market, as the NASDAQ and Dow Jones indices increased by 2.80% and 2.85%, respectively. This marks the second consecutive day of gains for PENN, although it remains 25.60% below its 52-week high of $20.61. Compared to competitors, PENN's performance was mixed, with Las Vegas Sands and DraftKings seeing gains, while MGM Resorts experienced a decline. Trading volume was below the 50-day average."
datetime: "2026-04-08T21:27:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282100145.md)
  - [en](https://longbridge.com/en/news/282100145.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282100145.md)
---

# PENN Entertainment Inc. Stock Rises Wednesday, Still Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of PENN Entertainment Inc. (PENN) rallied 1.86% to $15.33 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.80% to 22,635.00 and the Dow Jones Industrial Average rising 2.85% to 47,909.92.

This was the stock's second consecutive day of gains.

PENN Entertainment Inc. closed 25.60% below its 52-week high of $20.61, which the company reached on September 5th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Las Vegas Sands Corp. (LVS) rose 1.07% to $54.60, DraftKings Inc. Cl A (DKNG) rose 4.31% to $23.94, and MGM Resorts International (MGM) fell 2.08% to $37.10.

Trading volume (4.5 M) remained 22,996 below its 50-day average volume of 4.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled April 8, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

04-08-26 1727ET

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