Shares of Penn National Gaming Inc. PENN slumped 0.15% to $71.73 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.23% to 12,377.18 and the Dow Jones Industrial Average DJIA rising 0.29% to 29,969.52. The stock's fall snapped a two-day winning streak. Penn National Gaming Inc. closed $4.89 short of its 52-week high ($76.62), which the company reached on September 18th.
The stock underperformed when compared to some of its competitors Thursday, as Boyd Gaming Corp. BYD rose 2.84% to $40.14, Caesars Entertainment Inc. CZR rose 3.84% to $71.13, and Churchill Downs Inc. CHDN rose 1.91% to $182.88. Trading volume (2.8 M) remained 3.5 million below its 50-day average volume of 6.3 M.