Archon Co. (OTCMKTS:ARHN – Get Free Report) shares fell 9.5% during mid-day trading on Friday . The stock traded as low as $19.00 and last traded at $19.00. 200 shares traded hands during mid-day trading, an increase of 133,233% from the average session volume of 0 shares. The stock had previously closed at $21.00.
Archon Stock Down 9.5 %
The firm has a 50 day simple moving average of $21.00 and a 200-day simple moving average of $20.80.
Archon Company Profile
Archon Corporation, through its subsidiary, Pioneer Hotel Inc, engages in the ownership, management, and operation of casinos and hotels in the United States. It operates the Pioneer Hotel & Gambling Hall (the Pioneer) in Laughlin, Nevada that consists of a casino. The company also owns real estate properties on Las Vegas Boulevard South in Las Vegas, Nevada; and rental properties that include commercial office space in Dorchester, Massachusetts.
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