Penn National Gaming Inc. stock rises Thursday, still underperforms market – MarketWatch

Shares of Penn National Gaming Inc. PENN, +0.31% inched 0.31% higher to $44.91 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.33% rising 1.33% to 13,614.78 and the Dow Jones Industrial Average DJIA, +1.23% rising 1.23% to 34,480.76. This was the stock’s third consecutive day of gains. Penn National Gaming Inc. closed $77.26 short of its 52-week high ($122.17), which the company achieved on March 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Boyd Gaming Corp. BYD, -0.31% fell 0.31% to $68.13, Caesars Entertainment Inc. CZR, +0.32% rose 0.32% to $79.59, and Churchill Downs Inc. CHDN, +0.34% rose 0.34% to $226.46. Trading volume (4.6 M) remained 165,965 below its 50-day average volume of 4.7 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 videogame retailer reported better than expected net sales for the quarter, but investors

Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.

source