Shares of Caesars Entertainment (CZR -5.7%) slump after the gaming company announces a $500M...

|About: Caesars Entertainment (CZR)|By:, SA News Editor

Shares of Caesars Entertainment (CZR -5.7%) slump after the gaming company announces a $500M offering of its common stock. Though shares of Caesars haven't had a problem staying above their IPO price of $9, they also haven't regained the heights seen on the first day of active trading.