Archon Co. (OTCMKTS:ARHN – Get Free Report)’s stock price dropped 9.5% on Friday . The stock traded as low as $19.00 and last traded at $19.00. Approximately 200 shares changed hands during trading, an increase of 133,233% from the average daily volume of 0 shares. The stock had previously closed at $21.00.
Archon Trading Down 9.5 %
The company has a fifty day moving average price of $21.00 and a two-hundred day moving average price of $20.81.
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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