Penn National Gaming Stock News

The Nasdaq Composite ((COMP:GIDS)) led the markets lower on Friday, falling more than 1.92%. As you might expect with the Nasdaq leading the fall, the information technology sector was the worst-performing sector. The Technology Select Sector Index ($IXT) closed 1.65% lower. The Dow Jones Industrial Average ($DJI) did much better than the Nasdaq by closing 0.17% lower. Despite the stronger day, the Dow has actually strung together four down weeks in a row by falling 2,000 points, more than 5% from its November peak. The VIX ( Cboe Market Volatility Index ) traded back to January of 2021 levels, reaching as high as the 35 mark on Friday before dropping back to the 30 level. Fear and uncertainty appear to be growing among investors who are trying to digest a worse-than-expected jobs report that came out Friday morning. The economy was expected to add 550,000 jobs in November but only added 210,000. Despite the lackluster job growth, it wasnt bad enough for the Fed to be unlikely to back off its tapering plans.

Penn National Gaming (NASDAQ:PENN) had its price target raised by Deutsche Bank Aktiengesellschaft from $31.00 to $38.00 in a report issued on Monday morning, The Fly reports. The brokerage currently has a hold rating on the stock. Several other equities analysts also recently issued reports on the stock. Credit Suisse Group reduced their price objective []

In last trading session, Penn National Gaming Inc. (NASDAQ:PENN) saw 5.55 million shares changing hands with its beta currently measuring 2.43. Companys recent per share price level of $47.86 trading at -$3.37 or -6.58% at ring of the bell on the day assigns it a market valuation of $8.13B. That closing price of PENNs stock Penn National Gaming Inc. (NASDAQ:PENN) -7.62% Down Over Last Week, What Happens Next? Read More »

Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, sports-betting companies have surged in popularity. In response, sports betting companies

PENN stock moves very fast in both directions. However, it has been consistent offering investors clear levels of support and resistance.

Penn National Gaming Inc. (NASDAQ:PENN) traded at $51.82 at last check on Monday, November 29, made a downward move of -1.80% on its previous day’s price. Looking at the stock we see that its previous close was $52.77 and the beta (5Y monthly) reads 2.58 with the day’s price range being $49.54 – $53.26. The … Penn National Gaming Inc. (NASDAQ: PENN) Has Yet To Win Over Analysts? Read More »

Polaris Wealth Advisory Group LLC acquired a new stake in shares of Penn National Gaming, Inc. (NASDAQ:PENN) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 95,501 shares of the companys stock, valued at approximately $7,172,000. Polaris Wealth Advisory Group LLC owned 0.06% of Penn []

So much for the house always winning. Casino stocks have had a brutal year.

Gaming and lodging stocks took a big hit on Friday following news of the new omicron variant of COVID-19. Despite that, Bank of America analyst Shaun Kelley said Monday there are plenty of gaming and

In 2018 PASPA was declared unconstitutional and this opened the door for legalizing sports betting. The iGaming industry is expected to grow at a CAGR of 17.3% up until 2026.

Shares of Penn National Gaming, Inc. (NASDAQ:PENN) have been assigned a consensus recommendation of Buy from the twenty-two ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to []

Thanksgiving is a wonderful time of year for family, friends, and good food. It has also become the precursor to Black Friday, the biggest retail week of the year.

Marshall Wace North America L.P. grew its holdings in shares of Penn National Gaming, Inc. (NASDAQ:PENN) by 448.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,704 shares of the companys stock after buying an additional 10,387 shares during the []

WYOMISSING & CAERNARVON TOWNSHIP, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (Nasdaq: PENN)(Penn National or the Company) announced today that it expects to open Hollywood Casino Morgantown to the public on Wednesday, December 22nd, at Noon, pending final regulatory approvals. Hollywood Casino Morgantown is conveniently located at the intersections of three major roadways: the Pennsylvania Turnpike (I-76), I-176, and the Morgantown Expressway (Rt. 10). The Morgantown Category 4 casino

Wall Street brokerages expect Penn National Gaming, Inc. (NASDAQ:PENN) to announce sales of $1.49 billion for the current quarter, according to Zacks. Seven analysts have provided estimates for Penn National Gamings earnings, with the highest sales estimate coming in at $1.56 billion and the lowest estimate coming in at $1.42 billion. Penn National Gaming reported []