Shares of Penn National Gaming Inc. PENN, -3.44% slid 3.44% to $42.67 Friday, 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 12,843.81 and Dow Jones Industrial Average DJIA, -0.69% falling 0.69% to 32,944.19. The stock’s fall snapped a three-day winning streak. Penn National Gaming Inc. closed $99.33 below its 52-week high ($142.00), which the company achieved on March 15th.
The stock underperformed when compared to some of its competitors Friday, as Boyd Gaming Corp. BYD, -0.71% fell 0.71% to $64.22, Caesars Entertainment Inc. CZR, -3.42% fell 3.42% to $74.81, and Churchill Downs Inc. CHDN, -0.23% fell 0.23% to $214.68. Trading volume (2.7 M) remained 2.0 million below its 50-day average volume of 4.7 M.