
Two days after PENN Entertainment Inc. (NASDAQ:PENN) announced a full buyout of Barstool Sports, Barstool founder and CEO Dave Portnoy appeared on Fox Business to discuss the buyout and his take on meme stock trading.
Portnoy On Penn: On Friday, Portnoy said the first thing he plans to do with the money he's made in the Barstool buyout is move from New York to Florida to reduce his tax burden.