Shares of Penn National Gaming Inc. PENN, +2.33% slid 1.30% to $72.14 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, +0.05% falling 0.64% to 14,486.20 and Dow Jones Industrial Average DJIA, -0.14% falling 0.72% to 34,496.06. This was the stock’s second consecutive day of losses. Penn National Gaming Inc. closed $69.86 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, +3.00% fell 0.31% to $64.00, Caesars Entertainment Inc. CZR, +2.61% rose 0.71% to $114.77, and Churchill Downs Inc. CHDN, +0.99% rose 0.07% to $245.38. Trading volume (4.1 M) remained 739,346 below its 50-day average volume of 4.8 M.
A short-selling research firm says it's covered its bet against cinema chain AMC Entertainment at a profit.
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.