Shares of Penn National Gaming Inc. PENN, -1.85% shed 1.85% to $47.81 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -0.00% falling 0.00% to 13,790.92 and Dow Jones Industrial Average DJIA, -0.49% falling 0.49% to 34,566.17. This was the stock’s third consecutive day of losses. Penn National Gaming Inc. closed $94.19 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 Monday, as Boyd Gaming Corp. BYD, -1.77% fell 1.77% to $68.34, Caesars Entertainment Inc. CZR, -3.00% fell 3.00% to $81.23, and Churchill Downs Inc. CHDN, -0.14% fell 0.14% to $220.59. Trading volume (5.1 M) eclipsed its 50-day average volume of 4.7 M.