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Latest PENN News From Around the Web
Below are the latest news stories about PENN ENTERTAINMENT INC that investors may wish to consider to help them evaluate PENN as an investment opportunity.
Did PENN Entertainment (PENN) Close Shortened Trading Week Higher?We recently published a list of 10 Firms Close Shortened Trading Week Higher. In this article, we are going to take a look at where PENN Entertainment, Inc. (NASDAQ:PENN) stands against other firms close shortened trading week higher. Wall Street’s main indices ended the shortened trading week in the red territory on Friday after labor […] |
Q3 Earnings Roundup: PENN Entertainment (NASDAQ:PENN) And The Rest Of The Casino Operator SegmentQuarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at PENN Entertainment (NASDAQ:PENN) and the best and worst performers in the casino operator industry. |
What this sports betting mistake could cost youWith NFL playoffs kicking off in the new year, Yahoo Finance Consumer Affairs Reporter Jordan Weissmann joins Asking for a Trend with Josh Lipton to talk about one important tip for sports betters: Don't gamble on a credit card. Credit card companies often treat sports gambling transactions as cash advances, meaning your bet comes with additional fees, oftentimes $10 per transaction or up to 5% of the total charge, cutting into your winnings. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Naomi Buchanan. |
Penn Entertainment Jumps on JPMorgan Upgrade, 30% Upside PredictedJPMorgan upgrades Penn Entertainment to "overweight," citing promising returns, reduced costs, and growth prospects |
Costco, Penn Entertainment, Norwegian Cruise Line: Trending tickersWealth Host Brad Smith breaks down Wall Street's latest stock calls. HSBC (HSBC) has raised Costco Wholesale's (COST) price target to $1,000 per share from $926, maintaining a Hold rating following the retailer's strong first-quarter fiscal performance. The firm cites Costco's robust online and in-store sales, along with its expanding market share. JP Morgan (JPM) has upgraded Penn Entertainment (PENN) to Overweight from Neutral, citing improving free cash flow and the promising performance of its online sports betting service, ESPN Bet. Barclays (BCS) has also boosted its outlook on Norwegian Cruise Line (NCLH), upgrading the stock to Overweight from Equal Weight and increasing the price target to $32. The firm points to strong demand optimism and positive projections for the cruise in... |
In-play sports betting to hit $14B by decade's end: AnalystAs sports betting platforms continue to gain market share and attract more participants, Citizens JMP Senior Equity Research Analyst Jordan Bender joins to discuss why he believes in-play micro betting is poised to become a $14 billion industry. "In-play betting particularly will be a growth segment for these [sports-betting] companies," he tells Yahoo Finance, highlighting it as "an area that we think will be a major driver of revenue." Bender explains that in-play betting involves predicting a game's next move or outcome, such as a specific pitch in baseball or a pass in an NFL game, which he describes as "engagement tools." Bender estimates the total sports betting market could reach $28 billion by the end of the decade. Currently, in-play betting represents 30 to 40% of the US marke... |
Why Is PENN Entertainment, Inc. (PENN) Among the Best Gambling Stocks to Buy According to Hedge Funds?We recently compiled a list of the 10 Best Gambling Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where PENN Entertainment, Inc. (NASDAQ:PENN) stands against the other gambling stocks. According to a report by The Business Research Company, the global gambling market reached a value of […] |
Three Reasons to Avoid PENN and One Stock to Buy InsteadPENN Entertainment’s 39.7% return over the past six months has outpaced the S&P 500 by 26.6%, and its stock price has climbed to $21.09 per share. This performance may have investors wondering how to approach the situation. |
PENN Entertainment Third Quarter 2024 Earnings: EPS Beats ExpectationsPENN Entertainment ( NASDAQ:PENN ) Third Quarter 2024 Results Key Financial Results Revenue: US$1.64b (up 1.2% from 3Q... |
PENN Entertainment Inc (PENN) Q3 2024 Earnings Call Highlights: Strong Growth in Digital and ...PENN Entertainment Inc (PENN) reports robust digital user growth and market share gains, while navigating competitive pressures and weather disruptions. |