Shares of Penn National Gaming Inc. PENN slipped 2.33% to $50.64 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.20% to 15,832.80 and the Dow Jones Industrial Average DJIA rising 0.68% to 36,585.06. The stock’s fall snapped a two-day winning streak. Penn National Gaming Inc. closed $91.36 short of its 52-week high ($142.00), which the company achieved on March 15th.
The stock underperformed when compared to some of its competitors Monday, as Boyd Gaming Corp. BYD fell 0.98% to $64.93, Caesars Entertainment Inc. CZR fell 0.06% to $93.47, and Churchill Downs Inc. CHDN fell 1.77% to $236.64. Trading volume (4.3 M) remained 1.5 million below its 50-day average volume of 5.8 M.