The gaming company made a significant investment in, a sports media company led by Dave Portnoy, earlier this year, and has seen its stock soar.
Stifel, which has a buy rating on the stock, significantly raised its share price target and said that as much as half of Penn's current stock price may be attributed to Barstool.
jesserpound Pro Go Pres Go! stoolpresidente
jesserpound Pro Serious q, why does no one look at the fundamentals of penn? It’s horrible. Way worse than a lot of the tech stock and Tesla with high multiples
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