Penn National Gaming Inc. stock outperforms market on strong trading day

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Shares of Penn National Gaming Inc.
PENN,
+4.61%

rallied 4.61% to $84.25 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index
COMP,
+0.49%

rising 0.49% to 13,881.72 and the Dow Jones Industrial Average
DJIA,
-0.36%

falling 0.36% to 34,630.24. This was the stock’s second consecutive day of gains. Penn National Gaming Inc. closed $57.75 below its 52-week high ($142.00), which the company achieved on March 15th.

The stock outperformed some of its competitors Monday, as Boyd Gaming Corp.
BYD,
+0.91%

rose 0.91% to $63.00, Caesars Entertainment Inc.
CZR,
-0.04%

fell 0.04% to $110.60, and Churchill Downs Inc.
CHDN,
+1.36%

rose 1.36% to $202.37. Trading volume (3.9 M) remained 403,285 below its 50-day average volume of 4.3 M.

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