Casino, Sports Betting Stock Jumps Amid C-Suite Buzz

The shares of PENN Entertainment Inc (NASDAQ:PENN) are up 4.7% to trade at $26.19 at last check, amid C-suite buzz. Per the Wall Street Journal, hedge fund HG Vora Capital Management, which has an 18.5% stake in the casino operator and online-betting firm, is seeking a seat on the company's board. HG Vora calls PENN shares "significantly undervalued" and it has discussed "a range of topics focused on enhancing shareholder value." On the charts, PENN continues to distance itself from its Oct. 30, three-year ...