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Penn National Gaming Inc. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of Penn National Gaming Inc. PENN, -3.38% advanced 1.53% to $75.83 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, -0.82% rising 1.73% to 14,823.43 and the Dow Jones Industrial Average DJIA, +0.21% rising 1.56% to 34,912.56. This was the stock's third consecutive day of gains. Penn National Gaming Inc. closed $66.17 short of its 52-week high ($142.00), which the company achieved on March 15th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Boyd Gaming Corp. BYD, -0.39% rose 0.55% to $67.32, Caesars Entertainment Inc. CZR, -1.11% fell 0.38% to $114.52, and Churchill Downs Inc. CHDN, -0.42% rose 2.62% to $256.91. Trading volume (3.2 M) remained 1.6 million below its 50-day average volume of 4.8 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.