Shares of Penn National Gaming Inc. PENN shed 2.09% to $36.96 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.40% to 34,721.12 and the NASDAQ Composite Index COMP falling 1.34% to 13,711.00. This was the stock’s fourth consecutive day of losses. Penn National Gaming Inc. closed $69.26 below its 52-week high ($106.22), which the company achieved on April 9th.
The stock demonstrated a mixed performance when compared to some of its competitors…
Traders are bracing for a U.S. consumer-price report next week that's expected to show the annual headline rate above 8% for the first time since January 1982.
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