Why Penn Entertainment Stock Plummeted by 20% This Week

Gaming facilities and technology company Penn Entertainment (PENN -4.02%) had a forgettable week on the stock exchange. According to data compiled by S&P Global Market Intelligence, the company's shares tumbled by more than 20% in value over the period. The main reason was abundantly clear.A pair of fourth-quarter monster missesThe No. 1 culprit was Penn Entertainment's fourth-quarter earnings, which were published before market open on Thursday. These revealed that the company's revenue fell by 12% year ov ...