real-time news and commentary for investors
Friday, Oct 18
Casino stocks turn higher
- Casino stock are getting a lift out of the positive report on Macau gaming issued by Las Vegas Sands (LVS +2.1%) last night and a positive S&P note on financing of spinoffs in the sector.
- Advancers in the sector include Melco Crown (MPEL +5.2%), Penn National Gaming (PENN +2.1%), Wynn Resorts (WYNN +1.2%), and Pinnacle Entertainment (PNK +3.2%).
- The catch-all Market Vectors Gaming (BJK +2.2%) ETF is also trekking higher.