Shares of Penn National Gaming Inc. PENN, -0.32% shed 0.32% to $46.50 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +2.15% rising 2.15% to 15,565.58 and the Dow Jones Industrial Average DJIA, +1.08% rising 1.08% to 35,927.43. This was the stock’s fifth consecutive day of losses. Penn National Gaming Inc. closed $95.50 short of its 52-week high ($142.00), which the company reached on March 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Boyd Gaming Corp. BYD, -0.23% fell 0.23% to $60.44, Caesars Entertainment Inc. CZR, +1.16% rose 1.16% to $87.16, and Churchill Downs Inc. CHDN, -1.57% fell 1.57% to $217.15. Trading volume (5.5 M) remained 180,284 below its 50-day average volume of 5.7 M.