Shares of Penn National Gaming Inc.
rallied 2.56% to $107.52 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
rising 1.76% to 13,480.11 and the Dow Jones Industrial Average
rising 0.52% to 33,153.21. This was the stock’s third consecutive day of gains. Penn National Gaming Inc. closed $34.48 below its 52-week high ($142.00), which the company achieved on March 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Boyd Gaming Corp.
rose 4.36% to $61.53, Caesars Entertainment Inc.
rose 1.70% to $88.94, and Churchill Downs Inc.
rose 1.68% to $231.23. Trading volume (3.0 M) remained 2.2 million below its 50-day average volume of 5.3 M.