PENN Entertainment Inc. Stock Underperforms Friday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.PENN Entertainment Inc. shares fell 5.78% to $16.45 on Friday, underperforming competitors like Las Vegas Sands, DraftKings, and MGM Resorts during a mixed market session. This marks the fourth consecutive day of losses for PENN, which is now trading 26.43% below its 52-week high. Trading volume reached 5.3 million, significantly exceeding the 50-day average.
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Shares of PENN Entertainment Inc. (PENN) shed 5.78% to $16.45 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.39% to 26,522.55 and the Dow Jones Industrial Average falling 0.18% to 51,682.64.
This was the stock's fourth consecutive day of losses.
PENN Entertainment Inc. closed 26.43% below its 52-week high of $22.36, which the company achieved on June 16th.
The stock underperformed when compared to some of its competitors Friday, as Las Vegas Sands Corp. (LVS) fell 1.70% to $39.98, DraftKings Inc. Cl A (DKNG) fell 3.20% to $21.75, and MGM Resorts International (MGM) fell 1.31% to $37.81.
Trading volume (5.3 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 18, 2026.
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09-18-26 1727ET