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Stock impact report

Industry-Leading Penn National Stock Is Far From a Gamble [Yahoo! Finance News]

PENN Entertainment, Inc. (PENN) 
Last penn entertainment, inc. earnings: 2/6 07:00 am Check Earnings Report
To get a sense of just how volatile this market is, consider that Penn National Gaming (NASDAQ:PENN) stock has doubled from its lows. Yet, Penn National stock still is down 74% from its 52-week high.Source: Casimiro PT / Shutterstock.com The decline in PENN stock makes some sense. Casinos nationwide have been shut down amid the response to the novel coronavirus. Penn has a fair amount of debt on its balance sheet. It owes billions of dollars more in lease payments to Gaming and Leisure Properties (NASDAQ:GLPI), which Penn spun off in 2013, and Vici Properties (NYSE:VICI).But I've continually advised investors to take the long view in this market. Indeed, that's good advice for all of us as we navigate this unprecedented crisis.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPenn National stock is a good example of the potential opportunities available in a market that is only focused on the short term. We will get through this crisis. Our economy will recover. And when i Show less Read more
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