PENN Entertainment Inc. stock underperforms Wednesday when compared to competitors

Shares of PENN Entertainment Inc.
PENN,
-4.74%
slipped 4.74% to $29.14 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
-1.79%
falling 1.79% to 11,220.19 and Dow Jones Industrial Average
DJIA,
-1.70%
falling 1.70% to 30,183.78. This was the stock’s second consecutive day of losses. PENN Entertainment Inc. closed $52.52 below its 52-week high ($81.66), which the company achieved on October 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Boyd Gaming Corp.
BYD,
-2.43%
fell 2.43% to $50.95, Caesars Entertainment Inc.
CZR,
-8.04%
fell 8.04% to $41.54, and Churchill Downs Inc.
CHDN,
-3.64%
fell 3.64% to $193.15. Trading volume (3.2 M) remained 381,993 below its 50-day average volume of 3.6 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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