Shares of Penn National Gaming Inc. PENN, +5.31% advanced 5.31% to $44.24 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.90% rising 1.90% to 14,532.55 and the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 34,921.88. The stock’s rise snapped a three-day losing streak. Penn National Gaming Inc. closed $65.93 short of its 52-week high ($110.17), which the company reached on April 5th.
The stock outperformed some of its competitors Monday, as Boyd Gaming Corp. BYD, +1.97% rose 1.97% to $66.64, Caesars Entertainment Inc. CZR, +5.27% rose 5.27% to $80.69, and Churchill Downs Inc. CHDN, +2.30% rose 2.30% to $228.00. Trading volume (3.1 M) remained 1.4 million below its 50-day average volume of 4.5 M.