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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