Buy the Penn Sex Tape Dip, Barstool’s Portnoy Says By Investing.com

© Reuters.

By Christiana Sciaudone

Investing.com — Penn National Gaming (NASDAQ:) dipped 4% after reports of a sex tape featuring Barstool Sports founder Dave Portnoy.

This would be the third sex tape featuring Portnoy, who held an emergency press conference minutes ago acknowledging the videos and questioning the wisdom of selling off stock as a result. He suggested buying the dip.

Shares of Penn have rallied more than 900% over the past 12 months through a high in February as more and more states have legalized online sports gambling, and despite a drop in the number of sporting events thanks to Covid-19.

Penn finalized its deal to buy Barstool early last year.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button