Shares of PENN Entertainment Inc. PENN, -2.57% slid 2.57% to $22.36 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.09% falling 0.09% to 13,211.81 and Dow Jones Industrial Average DJIA, -0.31% falling 0.31% to 33,963.84.
This was the stock’s third consecutive day of losses.
PENN Entertainment Inc. closed $16.99 short of its 52-week high ($39.35), which the company reached on November 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Las Vegas Sands Corp. LVS, -0.11% fell 0.11% to $45.79, DraftKings Inc. Cl A DKNG, -3.31% fell 3.31% to $27.76, and MGM Resorts International MGM, -1.32% fell 1.32% to $36.54.
Trading volume (3.4 M) remained 2.4 million below its 50-day average volume of 5.8 M.