Archon (OTCMKTS:ARHN) Shares Up 5.4% – Here’s What Happened

Shares of Archon Co. (OTCMKTS:ARHNGet Free Report) traded up 5.4% during trading on Friday . The stock traded as high as $15.00 and last traded at $14.75. 1,700 shares were traded during trading, an increase of 196% from the average session volume of 575 shares. The stock had previously closed at $14.00.

Archon Stock Performance

The business has a 50-day moving average price of $14.02 and a 200 day moving average price of $16.36.

Archon Company Profile

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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.

Further Reading

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