Archon Co. (OTCMKTS:ARHN – Get Free Report)’s share price was down 4.7% on Monday . The stock traded as low as $16.87 and last traded at $17.40. Approximately 700 shares were traded during mid-day trading, an increase of 72% from the average daily volume of 408 shares. The stock had previously closed at $18.25.
Archon Trading Down 4.7 %
The stock’s fifty day moving average price is $18.08 and its 200-day moving average price is $19.85.
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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