The Donerail Group has highlighted an opportunity for significant value creation at PENN Entertainment, stating that PENN is trading at a steep discount to its intrinsic value. Penn shares surged after the activist investor's call for the sale of the casino company. This move follows other casino and gaming activism, including Icahn's involvement with CZR and the listing of $FLUT at NYSE. Additionally, Miriam Adelson's Mavs are advancing to the NBA finals.
Penn shares soared after an activist investor called for the sale of the casino company https://t.co/NgfIOMWSHW
Busy day for busted up casinos and gaming activism First Donerail and $PENN Now Icahn dusts off his 2019 file at CZR. Also $FLUT listing at NYSE is now primary. Plus Miriam Adelson’s Mavs are headed to the NBA finals. $LVS https://t.co/P2ewC2ncky
Penn shares soared after an activist investor called for the sale of the casino company https://t.co/vrluiV6tW8
$PENN (+6.6% pre) The Donerail Group Highlights Opportunity for Significant Value Creation at PENN Entertainment - SI https://t.co/t8J34cVCUS
*DONERAIL SAYS PENN TRADING AT STEEP DISCOUNT TO INTRINSIC VALUE $PENN
The Donerail Group Highlights Opportunity for Significant Value Creation at PENN Entertainment https://t.co/Pse9yKQUuM https://t.co/f6eGMJYI6A