PENN Entertainment Inc. Stock Underperforms Tuesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.PENN Entertainment Inc. (PENN) shares fell 1.86% to $16.40 on Tuesday, underperforming the broader market and its peers. This marks the second consecutive day of losses for PENN, which is now trading 26.65% below its 52-week high. While Las Vegas Sands rose slightly, competitors DraftKings and MGM Resorts also declined. Trading volume exceeded the 50-day average.
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Shares of PENN Entertainment Inc. (PENN) slipped 1.86% to $16.40 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.03% to 26,099.77 and Dow Jones Industrial Average falling 0.79% to 52,766.88.
This was the stock's second consecutive day of losses.
PENN Entertainment Inc. closed 26.65% below its 52-week high of $22.36, which the company achieved on June 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Las Vegas Sands Corp. (LVS) rose 0.07% to $43.84, DraftKings Inc. Cl A (DKNG) fell 3.50% to $23.44, and MGM Resorts International (MGM) fell 1.43% to $40.77.
Trading volume (3.5 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 1, 2026.
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09-01-26 1726ET