Archon Co. (OTCMKTS:ARHN – Get Free Report)’s stock price fell 19.5% during trading on Wednesday . The stock traded as low as $14.00 and last traded at $14.00. 200 shares were traded during mid-day trading, The stock had previously closed at $17.40.
Archon Stock Down 19.5 %
The company’s 50 day simple moving average is $17.45 and its 200 day simple moving average is $18.58.
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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