PENN shares are trading higher following a report suggesting Boyd Gaming made an acquisition approach to the company.
Portfolio Pulse from Benzinga Newsdesk
PENN shares are trading higher following a report suggesting Boyd Gaming made an acquisition approach to the company.
June 20, 2024 | 7:37 pm
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POSITIVE IMPACT
PENN shares are trading higher due to a report that Boyd Gaming has made an acquisition approach to the company.
The news of a potential acquisition by Boyd Gaming is likely to drive PENN's stock price higher in the short term as investors anticipate a possible buyout premium.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100