Penn National's stock plunges following ‘violent’ sex allegations about Barstool founder Dave Portnoy

Nov 4, 2021

Shares of Penn National Gaming fell more than 20% Thursday, after the publication of an article in which several women alleged that they had “violent and humiliating” sexual encounters with Dave Portnoy, president of Barstool Sports.

Penn National, which operates casinos, racetracks and online sports betting, owns a significant equity stake in Barstool.

Source: Variety