Shares of PENN Entertainment Inc.
rose 4.94% to $32.69 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
rising 1.28% to 10,475.25 and the Dow Jones Industrial Average
rising 1.26% to 32,403.22. The stock’s rise snapped a two-day losing streak. PENN Entertainment Inc. closed $30.88 short of its 52-week high ($63.57), which the company reached on November 5th.
The stock outperformed some of its competitors Friday, as Boyd Gaming Corp.
rose 2.86% to $56.16, Caesars Entertainment Inc.
fell 0.88% to $42.64, and Churchill Downs Inc.
rose 2.09% to $201.61. Trading volume (3.4 M) remained 741,997 below its 50-day average volume of 4.1 M.