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Penn National Capitalizing on Hot Stock with Secondary Offering, Investors Balk

Penn National Gaming (NASDAQ:PENN) slumped Thursday after the company said it's selling 14 million shares of equity. It's a move that will raise capital,...

Todd Shriber September 24, 2020
Short sellers worried

DraftKings, Penn National Chasten Bearish Traders

Broadly speaking, gaming equities are profitable for short sellers this year, owing in large part to first-quarter slumps prompted by the coronavirus pandemic. But...

Todd Shriber September 23, 2020