Shares of Penn National Gaming Inc. PENN, +1.04% rallied 1.04% to $51.40 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +0.85% rising 0.85% to 15,653.37 and the Dow Jones Industrial Average DJIA, +0.55% rising 0.55% to 35,950.56. This was the stock’s third consecutive day of gains. Penn National Gaming Inc. closed $90.60 below its 52-week high ($142.00), which the company achieved on March 15th.
The stock underperformed when compared to some of its competitors Thursday, as Boyd Gaming Corp. BYD, +1.22% rose 1.22% to $64.68, Caesars Entertainment Inc. CZR, +1.43% rose 1.43% to $94.76, and Churchill Downs Inc. CHDN, +1.04% rose 1.04% to $236.37. Trading volume (3.2 M) remained 2.8 million below its 50-day average volume of 6.0 M.