Penn National Gaming ( (PENN) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Penn National Gaming’s stock has experienced a downturn despite reporting strong financial results for Q1 2025, with $1.4 billion in revenue and a record performance in its Interactive segment. The decline is attributed to financial challenges such as decreasing profitability, high leverage, and a bearish technical trend. Canaccord has lowered its price target for PENN, citing these concerns and competition in the digital segment. Additionally, an ongoing legal dispute with HG Vora Capital over board election processes adds to the uncertainty affecting shareholder dynamics.
More about Penn National Gaming
YTD Price Performance: -18.35%
Average Trading Volume: 4,134,903
Technical Sentiment Signal: Sell
Current Market Cap: $2.34B
For further insights into PENN stock on TipRanks’ Stock Analysis page.
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