Shares of PENN Entertainment Inc. PENN, -0.45% slumped 0.45% to $28.93 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +0.76% rising 0.76% to 12,087.96 and the Dow Jones Industrial Average DJIA, +0.01% rising 0.01% to 33,485.29. This was the stock’s fourth consecutive day of losses. PENN Entertainment Inc. closed $10.96 short of its 52-week high ($39.89), which the company achieved on April 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Las Vegas Sands Corp. LVS, +0.81% rose 0.81% to $57.01, DraftKings Inc. Cl A DKNG, +1.11% rose 1.11% to $18.16, and MGM Resorts International MGM, -0.46% fell 0.46% to $42.98. Trading volume (1.4 M) remained 919,341 below its 50-day average volume of 2.3 M.