The leisure industry closed the day up 4.1%. Dover Motorsports Inc ( DVD), Empire Resorts Inc ( NYNY), Town Sports International Holdings Inc ( CLUB), and Pizza Inn Holdings Inc ( PZZI) were all decliners today within the leisure industry with Pinnacle Entertainment Inc ( PNK) being today's featured leisure loser. Pinnacle Entertainment Inc fell 29 cents (-2.6%) to $11 on heavy volume. Throughout the day, 2.9 million shares of Pinnacle Entertainment Inc exchanged hands as compared to its average daily volume of 969,400 shares.

Pinnacle Entertainment, Inc. owns, develops, and operates casinos, and related hospitality and entertainment facilities in the United States. It operates casinos, such as L'Auberge du Lac in Lake Charles, Louisiana; River City Casino and Lumiere Place in St. Pinnacle Entertainment Inc has a market cap of $713.5 million and is part of the services sector. The company has a P/E ratio of 67.6, above the S&P 500 P/E ratio of 17.7. Shares are down 19.5% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Pinnacle Entertainment as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet.

On the positive front, Morgans Hotel Group Company ( MHGC), seven Days Group Holdings ( SVN), Churchill Downs Inc ( CHDN), and Bravo Brio Restaurant Group Inc ( BBRG) were all gainers within the leisure industry with Las Vegas Sands ( LVS) being today's featured leisure industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).
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