PENN - What's Going On With PENN Entertainment Stock Friday? | Benzinga
PENN Entertainment, Inc. (NASDAQ:PENN) shares are trading higher on Friday.
The company’s shareholder, Donerail Group, sent a letter to the company’s Board saying the company could get ‘up to double its current trading price in the event of a sale.’
Donerail Group, in a statement, said the company’s misguided interactive strategy and poor capital allocation have affected shareholder value. As a result, PENN Entertainment is ...