Shares of PENN Entertainment Inc.
inched 0.61% higher to $31.50 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
rising 1.76% to 10,931.67 and the Dow Jones Industrial Average
rising 0.80% to 33,973.01. This was the stock’s second consecutive day of gains. PENN Entertainment Inc. closed $20.22 short of its 52-week high ($51.72), which the company reached on March 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Las Vegas Sands Corp.
fell 1.04% to $53.24, DraftKings Inc.
rose 2.83% to $13.07, and MGM Resorts International
fell 0.69% to $38.58. Trading volume (2.5 M) remained 51,442 below its 50-day average volume of 2.5 M.