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home / news releases / SEE - Hot Stocks: Online gambling stocks fall; ROKU RDFN plunge on earnings; APPN rises; SEE sets high

SEE - Hot Stocks: Online gambling stocks fall; ROKU RDFN plunge on earnings; APPN rises; SEE sets high

Sealed Air Corporation
Stocks suffered another day of losses on Friday, adding a modest retreat to the previous day's substantial decline. Geopolitical tension and general worries about the direction of the market in the face of looming rate hikes kept investors on the sideline. The selling affected online gambling stocks, which were dragged down by a disappointing forecast from DraftKings. Golden Nugget Online Gaming (NASDAQ:GNOG), Rush Street Interactive (NYSE:RSI) and Penn National Gaming (NASDAQ:PENN) all came under pressure. Roku (NASDAQ:ROKU) and Redfin (NASDAQ:RDFN) both suffered massive declines as well. Each dropped in the wake of its respective earnings report, with weak guidance prompting investors to rush out of the stocks. Looking at some of the day's standout gainers, Appian (NASDAQ:APPN) posted a double-digit percentage gain following the release of better-than-expected earnings. Earnings also gave a lift to Sealed Air (NYSE:SEE), which set a fresh 52-week high.   Sector In Focus As industry heavyweight DraftKings

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Hot Stocks: Online gambling stocks fall; ROKU, RDFN plunge on earnings; APPN rises; SEE sets high
Stock Information
Company Name: Sealed Air Corporation
Stock Symbol: SEE
Market: NYSE
Website: sealedair.com
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