Archon Corp. (OTCMKTS:ARHN – Get Free Report) shares were down 3.6% on Monday . The company traded as low as $6.75 and last traded at $6.75. Approximately 271 shares were traded during trading, an increase of 502% from the average daily volume of 45 shares. The stock had previously closed at $7.00.
Archon Stock Performance
The business’s 50-day moving average is $7.40 and its two-hundred day moving average is $8.25.
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. Archon Corporation was founded in 1991 and is based in Laughlin, Nevada.
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