Here’s a new opportunity for investors to make money from sports betting [MarketWatch]
PENN Entertainment, Inc. (PENN)
Last penn entertainment, inc. earnings: 2/6 07:00 am
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pennnationalgaming.gcs-web.com/investor-overview
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Source: MarketWatch
Opinion: Here’s a new opportunity for investors to make money from sports betting There’s a new opportunity for investors to profit from sports betting after Monday’s Supreme Court decision. Let’s explore the issue, starting with a chart. Please click here for an annotated chart of Penn National Gaming PENN, +2.21% Penn National Gaming operates a number of casinos and race tracks in the U.S. Please observe the following from the chart: • The stock broke out on news of the Supreme Court overturning a ban on sports betting. • The breakout was on heavy volume. • Previously, as shown on the chart, the stock gapped open on the news of an acquisition approval. • The gap open was on heavy volume. • The relative strength index (RSI) shows that the stock is very overbought. The RSI pattern indicates that, perhaps after a pullback, the stock may go higher. Read: The U.S. market for sports betting far smaller than the $150 billion proponents claim Ask Arora: Nigam Arora answers your quest
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PENN
News
- Einhorn's Greenlight Underperformed ‘Broken' Stock Market Last Quarter [Yahoo! Finance]Yahoo! Finance
- Einhorn's Greenlight Underperformed ‘Broken' Stock Market Last Quarter [BNN Bloomberg (Canada)]BNN Bloomberg
- PENN Entertainment (NASDAQ:PENN) shareholders are up 7.2% this past week, but still in the red over the last three years [Yahoo! Finance]Yahoo! Finance
- PENN Entertainment Publishes 2023 Corporate Social Responsibility Report [Yahoo! Finance]Yahoo! Finance
- PENN Entertainment Publishes 2023 Corporate Social Responsibility ReportBusiness Wire
PENN
Earnings
- 2/15/24 - Miss
PENN
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEF
- 4/23/24 - Form DEFA14A
- PENN's page on the SEC website