Shares of Penn National Gaming Inc. PENN, +4.86% rallied 4.86% to $75.10 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.05% rising 1.05% to 14,654.02 and the Dow Jones Industrial Average DJIA, +0.98% rising 0.98% to 34,754.94. The stock’s rise snapped a three-day losing streak. Penn National Gaming Inc. closed $66.90 below its 52-week high ($142.00), which the company achieved on March 15th.
The stock outperformed some of its competitors Thursday, as Boyd Gaming Corp. BYD, +0.37% rose 0.37% to $64.62, Caesars Entertainment Inc. CZR, +1.58% rose 1.58% to $116.15, and Churchill Downs Inc. CHDN, +1.16% rose 1.16% to $246.69. Trading volume (5.5 M) eclipsed its 50-day average volume of 4.8 M.
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