ERI News and Press, Caesars Entertainment Inc (New) Com From 04/07/20

Shares of casino stocks jumped in early trading today as Wall Street seemed bullish that the COVID-19 economic shutdown might end sooner rather than later. You can see in the chart below that casino stocks jumped as much as 30% as the entire industry moved sharply higher. But as the day wore on,...

A general sense that lockdown orders can end in the U.S in four to eight weeks is giving a lift to the beat-up travel sector. While working out when business and vacation travel will actually pick back up is still a big wildcard, investors have been looking for a peak pandemic turning point....

Casino stocks move higher after the rate of growth in Europe of coronavirus cases moves off its peak levels. The general sentiment is that social distancing efforts are now showing up in the slower case rate growth on the continent. More news on: Golden Entertainment, Inc., Eldorado Resort...

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Investors are bidding down travel stocks once again as the realization of a long period for sluggish demand continues to settle in. Some of the selling pressure is now related to macroeconomic concerns on Q3 and Q4 even after the stay-at-home orders are lifted. More news on: Monarch Casino...

The S&P 500 ( SPY ) produced its worst quarterly return since the Financial Crisis, shedding over 19%. Bigger was still better through. The S&P MidCap 400 Index ( MDY ) produced a -29.7% total return in the first quarter. This was 4% worse than the -25.6% quarterly return during the fo...

Union Gaming says it remains convinced that the high-profile merger between Eldorado Resorts ( ERI -3.3% ) and Caesars Entertainment ( CZR -1.4% ) will go through. More news on: Eldorado Resorts, Inc., Caesars Entertainment Corporation, Consumer stocks news, Stocks on the move Read ...

Shares of some of the largest U.S. casino companies jumped in trading Tuesday on relatively positive deal-related news. The stock of  Eldorado Resorts (NASDAQ: ERI)  rose as much as 26.4% before closing up 19.5%. Caesars Entertainment (NASDAQ: CZR)  gained 17% before settling...

Stay-at-home favorite picks Peloton Interactive ( PTON +5.8% ), Nautilus ( NLS +8.0% ), Kimberly-Clark ( KMB +2.4% ), Blue Apron ( APRN +8.6% ), Church & Dwight ( CHD +2.7% ), Hormel ( HRL +4.4% ), Philip Morris International ( PM +4.5% ), Chewy ( CHWY +7.2% ), Clorox ( C...

AG Mortgage Investment Trust (NYSE: MITT )  -25% . More news on: AG Mortgage Investment Trust, Inc., Axsome Therapeutics, Inc., TEGNA Inc., Stocks on the move, , Read more ...