Shares of Penn National Gaming Inc. PENN shed 1.34% to $70.77 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.70% to 12,464.23 and the Dow Jones Industrial Average DJIA rising 0.83% to 30,218.26. This was the stock's second consecutive day of losses. Penn National Gaming Inc. closed $5.85 below its 52-week high ($76.62), which the company reached on September 18th.
The stock underperformed when compared to some of its competitors Friday, as Boyd Gaming Corp. BYD rose 5.38% to $42.30, Caesars Entertainment Inc. CZR rose 3.81% to $73.84, and Churchill Downs Inc. CHDN rose 3.51% to $189.29. Trading volume (3.1 M) remained 2.8 million below its 50-day average volume of 6.0 M.