Shares of Penn National Gaming Inc. PENN, +1.14% advanced 1.14% to $37.38 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -2.18% falling 2.18% to 13,411.96 and Dow Jones Industrial Average DJIA, -1.19% falling 1.19% to 34,308.08. The stock’s rise snapped a four-day losing streak. Penn National Gaming Inc. closed $67.53 below its 52-week high ($104.91), which the company achieved on April 14th.
The stock outperformed some of its competitors Monday, as Boyd Gaming Corp. BYD, -1.37% fell 1.37% to $61.12, Caesars Entertainment Inc. CZR, -0.58% fell 0.58% to $68.58, and Churchill Downs Inc. CHDN, -0.38% fell 0.38% to $202.02. Trading volume (3.7 M) remained 645,098 below its 50-day average volume of 4.4 M.