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Penn Brings More Headaches Than Perks to Boyd, Scant ESPN Interest, Say Analysts

Shares of Penn Entertainment (NASDAQ: PENN) were pointed lower late Friday after sell-side analysts revealed diverging views on the likelihood of Boyd Gaming (NYSE: BYD) acquiring the regional casino operator. Speculation about such a marriage had been percolating for weeks...

Todd Shriber June 21, 2024

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Penn Entertainment Strategic Review Unlikely, Says Analyst

Shares of Penn Entertainment (NASDAQ: PENN) slumped Friday after a sell-side analyst said the regional casino operator is unlikely to commence a strategic review...

Todd Shriber June 16, 2024

DraftKings One of Best-Performing SPAC Stocks

DraftKings’ (NASDAQ: DKNG) journey as a public company started in late 2019 when it announced a merger with a special purpose acquisition company (SPAC)....

Todd Shriber June 14, 2024

DraftKings Named Top Gaming Idea by Morgan Stanley

Shares of DraftKings (NASDAQ: DKNG) got a much-needed jolt Monday after Morgan Stanley anointed the stock as one of its top ideas in the...

Todd Shriber June 10, 2024