Penn Entertainment (PENN) Stock Surges Amid Positive Industry Trends

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Dec 12, 2024
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Penn Entertainment (PENN, Financial) experienced a significant stock increase of 5.02%, reaching $20.41 per share. The trading volume was 2.35 million shares with a turnover rate of 1.54% and a price fluctuation of 5.46%. Recent financial reports show revenue of $1.639 billion, a net loss of $36.7 million, and earnings per share of -$0.24, with a gross profit of $460 million and a P/E ratio of -5.79. Among 22 rating institutions, 41% recommend buying, while 59% suggest holding. In the casino industry, Penn Entertainment, along with Melco Resorts and Caesars Entertainment, showed notable gains.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.