Shares of Penn National Gaming Inc. PENN, -1.79% slipped 1.79% to $46.65 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -1.14% falling 1.14% to 15,237.64 and Dow Jones Industrial Average DJIA, -0.30% falling 0.30% to 35,544.18. This was the stock’s fourth consecutive day of losses. Penn National Gaming Inc. closed $95.35 short of its 52-week high ($142.00), which the company reached on March 15th.
The stock underperformed when compared to some of its competitors Tuesday, as Boyd Gaming Corp. BYD, -0.46% fell 0.46% to $60.58, Caesars Entertainment Inc. CZR, +1.10% rose 1.10% to $86.16, and Churchill Downs Inc. CHDN, -1.69% fell 1.69% to $220.62. Trading volume (3.0 M) remained 2.8 million below its 50-day average volume of 5.7 M.