Published on 2 Aug 2022 on Market Watch
Shares of Penn National Gaming Inc. advanced 4.75% to $36.17 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.16% to 12,348.76 and Dow Jones Industrial Average falling 1.23% to 32,396.17. Penn National Gaming Inc. closed $50.23 below its 52-week high ($86.40), which the company achieved on September 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Boyd Gaming Corp. fell 0.11% to $54.97, Caesars Entertainment Inc. rose 6.80% to $49.17, and Churchill Downs Inc. rose 0.15% to $209.87. Trading volume (3.5 M) remained 116,103 below its 50-day average volume of 3.6 M.