Shares of Penn National Gaming Inc. PENN, -3.25% slid 3.25% to $37.75 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, +0.06% rising 0.06% to 13,897.30 and the Dow Jones Industrial Average DJIA, +0.25% rising 0.25% to 34,583.57. This was the stock’s third consecutive day of losses. Penn National Gaming Inc. closed $69.02 short of its 52-week high ($106.77), which the company reached on April 8th.
The stock underperformed when compared to some of its competitors Thursday, as Boyd Gaming Corp. BYD, -1.50% fell 1.50% to $61.67, Caesars Entertainment Inc. CZR, -2.01% fell 2.01% to $70.56, and Churchill Downs Inc. CHDN, -1.68% fell 1.68% to $206.40. Trading volume (4.8 M) eclipsed its 50-day average volume of 4.4 M.