| Penn National Gaming is an owner and manager of gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. In addition, Co. operates an interactive gaming division through its subsidiary, Penn Interactive Ventures, LLC. Co.'s segment's properties include Ameristar East Chicago, Hollywood Casino Bangor, 1st Jackpot Casino, Ameristar Vicksburg, Boomtown Biloxi, Boomtown Bossier City, Ameristar Black Hawk, Cactus Petes and Horseshu, Ameristar Council Bluffs, Argosy Casino Alton, Argosy Casino Riverside, Freehold Raceway, Retama Park Racetrack, Sam Houston Race Park and Valley Race Park, and Sanford-Orlando Kennel Club, among others. We show 41 historical shares outstanding datapoints in our PENN shares outstanding history coverage, used to compute PENN market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PENN market cap history over the course of time is important for investors
interested in comparing PENN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PENN versus a peer is one thing; comparing
PENN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PENN can fluctuate over the course of history.
With this page we aim to empower investors researching PENN by allowing them to research the PENN market cap history.