Shares of Penn National Gaming Inc. PENN, +0.28% inched 0.28% higher to $50.06 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -0.11% falling 0.11% to 14,124.09 and Dow Jones Industrial Average DJIA, -0.16% falling 0.16% to 34,934.27. This was the stock’s second consecutive day of gains. Penn National Gaming Inc. closed $91.94 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 Wednesday, as Boyd Gaming Corp. BYD, +1.82% rose 1.82% to $71.17, Caesars Entertainment Inc. CZR, +1.47% rose 1.47% to $85.42, and Churchill Downs Inc. CHDN, +0.07% rose 0.07% to $227.11. Trading volume (3.4 M) remained 1.3 million below its 50-day average volume of 4.7 M.