Shares of Penn National Gaming Inc. PENN, -3.98% slid 3.98% to $44.65 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -2.47% falling 2.47% to 15,180.43 and Dow Jones Industrial Average DJIA, -0.08% falling 0.08% to 35,897.64. This was the stock’s sixth consecutive day of losses. Penn National Gaming Inc. closed $97.35 short of 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, -2.66% fell 2.66% to $58.83, Caesars Entertainment Inc. CZR, -1.47% fell 1.47% to $85.88, and Churchill Downs Inc. CHDN, -1.66% fell 1.66% to $213.54. Trading volume (10.9 M) eclipsed its 50-day average volume of 5.7 M.