Shares of Penn National Gaming Inc. PENN, -2.98% shed 2.98% to $47.50 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -1.39% falling 1.39% to 15,413.28 and Dow Jones Industrial Average DJIA, -0.89% falling 0.89% to 35,650.95. This was the stock’s third consecutive day of losses. Penn National Gaming Inc. closed $94.50 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 Monday, as Boyd Gaming Corp. BYD, -2.75% fell 2.75% to $60.86, Caesars Entertainment Inc. CZR, -4.23% fell 4.23% to $85.22, and Churchill Downs Inc. CHDN, -1.58% fell 1.58% to $224.42. Trading volume (4.3 M) remained 1.5 million below its 50-day average volume of 5.7 M.