Shares of Penn National Gaming Inc. PENN, -1.15% slid 1.15% to $50.81 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +1.39% rising 1.39% to 15,871.26 and the Dow Jones Industrial Average DJIA, +0.98% rising 0.98% to 36,302.38. The stock’s fall snapped a three-day winning streak. Penn National Gaming Inc. closed $91.19 below its 52-week high ($142.00), which the company reached on March 15th.
The stock underperformed when compared to some of its competitors Monday, as Boyd Gaming Corp. BYD, +0.83% rose 0.83% to $65.22, Caesars Entertainment Inc. CZR, -0.64% fell 0.64% to $94.15, and Churchill Downs Inc. CHDN, +0.35% rose 0.35% to $237.19. Trading volume (2.6 M) remained 3.4 million below its 50-day average volume of 6.0 M.