Shares of Penn National Gaming Inc. PENN, -3.46% shed 3.46% to $43.31 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -0.40% falling 0.40% to 13,838.46 and Dow Jones Industrial Average DJIA, -0.58% falling 0.58% to 34,552.99. This was the stock’s second consecutive day of losses. Penn National Gaming Inc. closed $75.36 short of its 52-week high ($118.67), which the company reached on March 22nd.
The stock underperformed when compared to some of its competitors Monday, as Boyd Gaming Corp. BYD, -1.13% fell 1.13% to $68.10, Caesars Entertainment Inc. CZR, -2.89% fell 2.89% to $78.49, and Churchill Downs Inc. CHDN, -2.51% fell 2.51% to $228.18. Trading volume (3.0 M) remained 1.7 million below its 50-day average volume of 4.7 M.