Penn Shares Soar After Activist Calls for Sale of Casino Company

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

Penn Entertainment Inc. shares soared after an activist investor called for the sale of the casino company, saying a failed deal and growing pattern of guidance misses have damaged management’s credibility.

Penn Shares Soar After Activist Calls for Sale of Casino CompanyTexas Utility Stock Powers Past Nvidia in 300% AI-Fueled RallySoftware Blowups Sow Fears That AI Boom Is Leaving Some BehindMichael Klein Makes Comeback With Top Billing on Aramco OfferingHigher for Longer Rates Mean No Escape From the Debt SqueezeFed’s Favored Inflation Gauge Cools, Spending Unexpectedly DropsPrivate Credit Firm Ninepoint Halts Cash Payouts on Three FundsBig Investors Demand Hedge Funds Beat Cash Before Charging...

1 Billion Loan for Logan, KWGUK House Prices Increase for the First Time in Three MonthsChina’s 60 Million Homes Are Hard to Sell Even in Big CitiesChina Property Debt Rally to Face Volatility, Fund Managers SayWeWork Cleared to Exit Bankruptcy After Neumann Ends Buyout BidUS Banks Have a Commercial Property Blind Spot Risk, Study WarnsAmbani’s Financial Services App to Take on Google, AmazonYemen’s Houthis Say US and UK Have Carried Out Deadliest StrikeSoftware Blowups Sow Fears That AI Boom...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Premarket: Stocks at record high ahead of U.S. inflation data; meme mania heats upShares in AMC and GameStop soar more than 25 per cent in premarket trading
Source: globeandmail - 🏆 5. / 92 Read more »