Penn Entertainment Shares Soar On Buyout Report: What Investors Should Know
PENNPENN(PENN) Benzinga·2024-06-21 04:40

Loading... Shares of PENN Entertainment PENN traded higher on Thursday with a report linking the company to an acquisition that could change the casino sector. What Happened: Penn Entertainment has been approached by Boyd Gaming BYD according to a new report from Reuters. The report comes as Penn shares are down 23% year-to-date in 2024 and the company has struggled to grow with its new ESPN Bet online sports betting platform. The deal could face challenges getting off the ground, with Body having a smaller ...