PENN Entertainment Inc. stock falls Friday, underperforms market

Shares of PENN Entertainment Inc. PENN, +0.46% shed 0.20% to $34.19 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, -0.47% rising 0.95% to 11,621.71 and the Dow Jones Industrial Average DJIA, +0.60% rising 0.08% to 33,978.08. PENN Entertainment Inc. closed $17.53 short of its 52-week high ($51.72), which the company reached on March 2nd.

The stock underperformed when compared to some of its competitors Friday, as Las Vegas Sands Corp. LVS, -0.17% rose 0.94% to $58.92, DraftKings Inc. DKNG, +0.45% rose 5.17% to $15.04, and MGM Resorts International MGM, +1.51% rose 0.24% to $41.01. Trading volume (1.4 M) remained 853,250 below its 50-day average volume of 2.3 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.