PENN Entertainment (PENN) Moves 5.4% Higher: Will This Strength Last?
PENN Entertainment (PENN) shares ended the last trading session 5.4% higher at $14.58. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 3.7% loss over the past four weeks.PENN Entertainment's stock move reflects optimism around the company’s updated organizational structure, which is designed to reduce overhead and improve decision-making across its core casino and digital businesses. The elimination of duplicative ...