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Pinnacle Entertainment Inc. (PNK) Is Up On Reports Of Increased Bid

The Wall Street Journal reported after the close Tuesday that Gaming and Leisure Properties has increased its bid to acquire Pinnacle Entertainment Inc.'s (PNK) real estate to $2.4 billion. The stock is now up 0.94 on 90K shares.

Pinnacle Entertainment dropped below Tuesday's narrow range going into the close and finished with a loss of 2.17 at $34.11 on above average volume. The stock dropped below a trading range at the highs of the year and set a 1-month low.

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