Archon Corp. (OTCMKTS:ARHN – Get Free Report) shares were down 22.2% during mid-day trading on Wednesday . The stock traded as low as $7.00 and last traded at $7.00. Approximately 137 shares traded hands during trading, a decline of 90% from the average daily volume of 1,379 shares. The stock had previously closed at $9.00.
Archon Stock Performance
The business has a fifty day moving average of $10.29 and a 200 day moving average of $12.50.
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. Archon Corporation was founded in 1991 and is based in Laughlin, Nevada.
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