Shares of Penn National Gaming Inc. PENN, +4.54% rallied 4.54% to $51.30 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.16% falling 0.16% to 15,741.56 and Dow Jones Industrial Average DJIA, -0.25% falling 0.25% to 36,398.08. The stock’s rise snapped a three-day losing streak. Penn National Gaming Inc. closed $90.70 below its 52-week high ($142.00), which the company achieved on March 15th.
The stock outperformed some of its competitors Thursday, as Boyd Gaming Corp. BYD, +0.57% rose 0.57% to $65.39, Caesars Entertainment Inc. CZR, +0.66% rose 0.66% to $92.99, and Churchill Downs Inc. CHDN, -0.23% fell 0.23% to $238.99. Trading volume (4.0 M) remained 1.7 million below its 50-day average volume of 5.7 M.