Penn National Gaming, Inc. (PENN) News
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Latest PENN News From Around the Web
Below are the latest news stories about Penn National Gaming Inc that investors may wish to consider to help them evaluate PENN as an investment opportunity.
The blistering growth of sports betting is not showing any signs of slowing down.Michigan is days away from launching sports betting with operators in the state including Barstool Sportsbook (PENN), BetMGM (MGM), BetRivers, TwinSpires (CHDN), DraftKings (DKNG), FanDuel (PDYPY), FOX Bet (FOXA), GAN, Golden Nugget, Kambi, Parx, PointsBet Scientific Games...
Benchmark Treasury yields climbs above 1%, as Uncle Sam gears up to provide more relief to an economy sickened by Covid-19.
Penn National Gaming to Report Fourth Quarter Results and Host Conference Call and Webcast on February 4
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) announced today that it will release its 2020 fourth quarter financial results at 7:00 a.m. ET on Thursday, February 4, 2021 and will host a conference call and simultaneous webcast at 9:00 a.m. ET on Thursday, February 4, 2021. Both the call and webcast are open to the general public. The conference call number is 212/231-2907; please call five minutes in advance to ensure that you are connected prior to the presentati
Jim Cramer shares stock-market news including why Penn National stock has room to run, investors' unwillingness to embrace ESG stocks and how to pick EV stocks.
Top Analyst Upgrades and Downgrades: AMD, Adobe, Chevron, Chipotle, DuPont, Intel, Penn National Gaming and More
No summary available.
“We believe the magnitude of the stock’s outperformance is unwarranted,” wrote Loop Capital’s Daniel Adam.
Penn National's almost-quadrupling in the past year is overdone, Loop Capital says, cutting its rating to sell. The stock on Thursday has wavered.
Penn National Gaming (NASDAQ: PENN) was one of the best-performing stocks in 2020 with shares up over 200%.What Happened: KeyBanc analyst Brett Andress initiated a Sector Weight rating on Penn National on Thursday due to a "lofty assumption" versus peers. Penn National was also downgraded from Hold to Sell by Loop Capital.Barstool Sports offers a promising online sports betting and iGaming future, KeyBanc analysts said. The sports betting and iGaming market is given a total addressable market size of $13.5 billion by the analyst, ranking among the lowest figures from analysts."The stock has meaningfully outperformed over the past year, which we attribute to investors' hope that Penn can successfully capitalize on the growing online gaming opportunity in the U.S.," the Loop team said.The...
Upgrades * For Sempra Energy (NYSE:SRE), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. Sempra Energy earned $1.31 in the third quarter, compared to $1.50 in the year-ago quarter. The current stock performance of Sempra Energy shows a 52-week-high of $161.87 and a 52-week-low of $88.00. Moreover, at the end of the last trading period, the closing price was at $121.20. * For Old Dominion Freight Line Inc (NASDAQ:ODFL), Stifel upgraded the previous rating of Sell to Hold. For the third quarter, Old Dominion Freight Line had an EPS of $1.71, compared to year-ago quarter EPS of $2.05. The stock has a 52-week-high of $227.21 and a 52-week-low of $119.01. At the end of the last trading period, Old Dominion Freight Line closed at $200.96. * Truist Securities upgrad...
$2.5 Trillion Dollar Millennial Megawave Drives Boom in Video Games and Sports Betting: CEOs of Electronic Arts, FansUnite, ESE Entertainment, and Penn National Discuss New Paradigms of Interactive Entertainment
NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: FansUnite (OTC: FUNFF) (CSE: FANS), Electronic Arts (NASDAQ: EA), ESE Entertainment (TSX.V: ESE) (OTC: ENTEF), and Penn National Gaming (NASDAQ: PENN). “Video games have replaced music as the most important aspect of youth culture” is the headline of a recent article in The Guardian, which parallels recent reporting in The Washington Post, and New York Times, highlighting new paradigm shifts in entertainment and consumer behavior. Millennials and GenZ now have $2.5 trillion in spending power, replacing Baby Boomers as the dominant consumer force. The global video gaming industry took in an estimated $...