BRGGF - Hot Stocks: Online gaming wins; RGC triples; HIBB ASO set new highs on DKS earnings; SAM keeps falling
The major averages posted only modest gains on Wednesday. Looking for a little more action? Well, the online gaming sector recorded substantial gains, continuing recent momentum headed into the busiest time of the year for sports betting. Bragg Gaming Group (OTCQX:BRGGF), DraftKings (NASDAQ:DKNG) and Penn National (NASDAQ:PENN) all moved notably higher on the session. Regencell Bioscience (NASDAQ:RGC) was another standout performer on Wednesday. The recent IPO recorded its second 200% gain in the past week. Standout earnings from Dick's Sporting Goods (NYSE:DKS) did more than drive strength in that particular stock. Peers Hibbett (NASDAQ:HIBB) and Academy Sports and Outdoors (NASDAQ:ASO) both set new highs on the news as well. Looking to the downside, Cassava Sciences (NASDAQ:SAVA) dropped on worries surrounding its experimental Alzheimer's drug. The stock represented one of the day's biggest percentage decliners, losing nearly a third of its value. Meanwhile, Boston Beer (NYSE:SAM) added to a recent downtrend,
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Hot Stocks: Online gaming wins; RGC triples; HIBB, ASO set new highs on DKS earnings; SAM keeps falling