PENN Stock Recent News

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment Inc. (“PENN”) (Nasdaq: PENN) today announced that it has expanded its partnership with Ticketmaster to offer exciting new benefits for its more than 30 million loyalty members. Starting today, PENN Play members can redeem rewards for tickets to live events through Ticketmaster. Additionally, PENN will have on-site activations at five amphitheaters across the U.S., further enhancing the live event experience for PENN Play members. With the glo.

Raymond James downgraded PENN Entertainment Inc (NASDAQ:PENN) to "market perform" from "outperform" earlier today, with the analyst in question noting the security's recent gains made its valuation "appropriate.

Penn Entertainment (NASDAQ: PENN ) stock is in the news Friday as reports spread that the company has received an acquisition offer from Boyd Gaming (NYSE: BYD ). According to these reports, Boyd Gaming is looking to acquire Penn Entertainment for more than $9 billion.

Shares of PENN Entertainment PENN traded higher on Thursday with a report linking the company to an acquisition that could change the casino sector.

Penn Entertainment (PENN) shares soared over 18% in intraday trading Friday after an advisory firm and activist investor said the operator of casinos, online gaming, and racetracks should look for a sale.

Penn Entertainment (NASDAQ: PENN ) stock is a hot topic among traders on Friday alongside news that an activist investor sent a letter to its Board of Directors. Investment advisor Donerail Group is behind this letter and it's pushing for the company to sell itself.

LOS ANGELES--(BUSINESS WIRE)--The Donerail Group LP (together with its affiliates, “Donerail” or “we”), a shareholder of PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN), today sent an open letter to the Company's Board of Directors. About Donerail The Donerail Group LP is a Los Angeles-based investment adviser that employs a value-oriented investment lens focusing on special situations and event-driven investments.

PENN Entertainment Inc (NASDAQ:PENN) stock is up 1.1% at $16.26 at last check, despite a downgrade from Bank of America to "neutral" from "buy.

PENN Entertainment (PENN) first-quarter 2024 results are hurt by disappointing performance of its Interactive segment primarily due to an unfavorable outcome from major sporting events.

The on- and offline gaming company posted its first-quarter results. It flipped to a loss on the bottom line and saw a decline in revenue.