Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / BALY - Gaming stocks fly higher on Friday

BALY - Gaming stocks fly higher on Friday

Bally's Corporation
Major casino operators accelerated strongly upward on Friday amid a broader market rally. Major gaming names Penn National Gaming (NASDAQ:PENN), Bally’s Corporation (BALY), MGM Resorts (MGM), Wynn Resorts (NASDAQ:WYNN), MGM Resorts (NYSE:MGM), and Caesars Entertainment (NASDAQ:CZR) all rose by more than 10%, while other prominent names like Las Vegas Sands (LVS), Boyd Gaming (BYD), and Red Rock Resorts (RRR) rose by more modest figures.  Among S&P components, casino stocks made up four of the top six gainers in the index, only outdone by Royal Caribbean and Carnival Corporation. Despite the strong surge, trading volume on the day was quite light in many of the sector’s most prominent names. For example, only two hours prior to Friday’s close trading volume in Penn National Gaming (PENN) was only about half of its daily average. In any event, the rally in gaming stocks is a relief for investors in many of the names,

For further details see:

Gaming stocks fly higher on Friday
Stock Information
Company Name: Bally's Corporation
Stock Symbol: BALY
Market: NYSE
Website: ballys.com
Menu
BALY BALY Quote BALY Short BALY News BALY Articles BALY Message Board
Get BALY Alerts

News, Short Squeeze, Breakout and More Instantly...