Shares of Penn National Gaming Inc. PENN, -1.24% slipped 1.24% to $71.62 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +0.47% rising 0.47% to 14,501.91 and the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 34,416.99. This was the stock’s third consecutive day of losses. Penn National Gaming Inc. closed $70.38 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 Wednesday, as Boyd Gaming Corp. BYD, -0.74% fell 0.74% to $64.38, Caesars Entertainment Inc. CZR, -0.37% fell 0.37% to $114.34, and Churchill Downs Inc. CHDN, -0.62% fell 0.62% to $243.86. Trading volume (5.6 M) eclipsed its 50-day average volume of 4.7 M.
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