Archon Co. (OTCMKTS:ARHN – Get Free Report)’s stock price shot up 2.5% during mid-day trading on Thursday . The stock traded as high as $18.50 and last traded at $18.50. 100 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 414 shares. The stock had previously closed at $18.05.
Archon Price Performance
The company has a 50-day simple moving average of $18.64 and a 200-day simple moving average of $20.45.
About Archon
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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