Market Overview

Why Penn National Gaming's Stock Is Trading Lower Today

Why Penn National Gaming's Stock Is Trading Lower Today

Penn National Gaming, Inc. (NASDAQ: PENN) shares are trading lower after the company announced a common stock offering of 14 million shares. Macquarie also downgraded the company's stock from Outperform to Neutral.

Penn National Gaming is the operator of gaming and racing properties and video gaming terminal ("VGT") operations in the U.S.

Penn's stock was trading down 4.78% at $65.70 per share on Thursday at the time of publication. The company has a 52-week high of $76.62 and a 52-week low of $3.75.

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Latest Ratings for PENN

Oct 2020Morgan StanleyMaintainsEqual-Weight
Sep 2020RosenblattMaintainsBuy
Sep 2020MacquarieDowngradesOutperformNeutral

View More Analyst Ratings for PENN
View the Latest Analyst Ratings


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