SJMHF - Casino stocks rip higher after Pfizer vaccine development U.S. election results

The casino sector is set up for a good day after Pfizer reports 90% success for its vaccine in a Phase 3 study. "Today is a great day for science and humanity. The first set of results from our Phase 3 COVID-19 vaccine trial provides the initial evidence of our vaccine's ability to prevent COVID-19," says Pfizer CEO Dr. Albert Bourla. Macau-related names are also getting a boost with Joe Biden forecast to win the U.S. presidential election, including Melco Resorts & Entertainment (MLCO) +9.26% in premarket action, Las Vegas Sands (LVS) +13.72% and Wynn Resorts (WYNN) +14.31%. Galaxy Entertainment (GXYEF) rose 5.47% in Hong Kong trading earlier in the day, MGM China (MCHVF) was 3.75% higher and SJM Holdings (SJMHF) was up 3.99%. In the U.S., stocks moving higher in the premarket session include Penn National Gaming (PENN) +7.70%, Boyd Gaming (BYD) +8.34%, Red Rock Resorts (RRR) +9.35%, Caesars

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Casino stocks rip higher after Pfizer vaccine development, U.S. election results