Archon Co. (OTCMKTS:ARHN – Get Free Report) shares fell 19.5% during mid-day trading on Monday . The company traded as low as $14.00 and last traded at $14.00. 200 shares were traded during trading, a decline of 52% from the average session volume of 415 shares. The stock had previously closed at $17.40.
Archon Price Performance
The firm has a fifty day moving average of $15.43 and a two-hundred day moving average of $17.13.
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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