Penn National Gaming Inc. stock rises Friday, outperforms market – MarketWatch

Shares of Penn National Gaming Inc. PENN, +4.37% advanced 4.37% to $44.20 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +3.13% rising 3.13% to 13,770.57 and the Dow Jones Industrial Average DJIA, +1.65% rising 1.65% to 34,725.47. Penn National Gaming Inc. closed $97.80 short of its 52-week high ($142.00), which the company reached on March 15th.
The stock outperformed some of its competitors Friday, as Boyd Gaming Corp. BYD, +1.97% rose 1.97% to $58.88, Caesars Entertainment Inc. CZR, +3.65% rose 3.65% to $72.97, and Churchill Downs Inc. CHDN, +1.21% rose 1.21% to $201.69. Trading volume (3.1 M) remained 1.3 million below its 50-day average volume of 4.4 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
The Russell 2000 index, which gauges the performance of small-capitalization stocks, enters a bear market on Thursday.

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