Penn Natl Gaming Inc (PENN) is trading 7% higher at $31.3 today.

Penn Natl Gaming Inc has been trading between a 52-week high of $86.4 and a 52-week low of $26.46. The stock has a market cap of $5.22 Billion.

With the nation's largest and most diversified regional gaming footprint, including 41 properties across 19 states, Penn National continues to evolve into a highly innovative omni-channel provider of retail and online gaming, live racing and sports betting entertainment. The Company's properties feature approximately 50,000 gaming machines, 1,300 table games and 8,800 hotel rooms, and operate under various well-known brands, including Hollywood, Ameristar, and L'Auberge. Its wholly-owned interactive division, Penn Interactive, operates retail sports betting across the Company's portfolio, as well online social casino, bingo, and iCasino products.

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As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Bismarck3000 - 3 upvotes - source
I love seeing PENN stock get obliterated cause it means Portnoy is losing his ass.

spacebizzle - 1 upvotes - source
I knew CZR balance sheet was a mess. I was shorting shares of CZR and PENN last year when they were over $100/share but closed too early. Still think this is a late call though, the real money on the short side has been made already.