Casinos & Gaming

Shares of casino companies that have operations in Macau are gaining premarket after a jump in the revenue of Macau’s casinos. Shares of Las Vegas Sands Corp (NYSE: LVS), MGM Resort International (NYSE: MGM), Melco Resorts & Entertainment Ltd (...

Morgan Stanley analysts provided insights on the ramifications of tighter credit market on gaming, lodging and leisure companies. The analysts noted that the group is not immune to higher rates, reduced liquidity, or a weaker consumer. However, the analysts still see opportunities for...

Las Vegas Sands Corp. (NYSE: LVS) shares are trading marginally lower by 0.49% to $54.75 during Wednesday's after-hours session after the company reported worse-than-expected fourth-quarter adjusted EPS and sales results. What Happened? Las Vegas Sands reported quarterly losses...

Gaming resorts real estate investment trust (REIT) VICI Properties Inc. (NYSE: VICI) gained 4.25% last week as casino stocks like Wynn Resorts Ltd. (NYSE: WYNN) and Las Vegas Sands Corp. (NYSE: LVS) rallied.  VICI owns 49 gaming facilities across the United States that have a total of 124...

Gaming and Leisure Properties Inc. (NASDAQ: GLPI) hit a new 52-week high this week and a new all-time high as well. While most real estate investment trusts (REITs) are still struggling as they come off of last year’s lows, it’s unusual and noteworthy to see this one achieve such...

J.P. Morgan analyst Joseph Greff provides insight on the outlook for gaming and lodging stocks/companies in the fiscal year 2023. The analyst sees more compelling value and better risk-rewards in gaming versus lodging, given better values and differing sets of investors’ expectations...

  JP Morgan boosted the price target on Melco Resorts & Entertainment Limited (NASDAQ: MLCO) from $7 to $10. JP Morgan analyst Joseph Greff upgraded the stock from Neutral to Overweight. Melco Resorts & Entertainment shares rose 10.3% to trade at $7.27 on Monday. JP Morgan raised...

Goldman Sachs boosted the price target on Reata Pharmaceuticals, Inc. (NASDAQ: RETA) from $86 to $115. Goldman Sachs analyst Madhu Kumar maintained the stock with a Buy rating. Reata Pharmaceuticals shares rose 1.9% to close at $36.03 on Friday. RBC Capital slashed the price target on Edwards...

Oppenheimer raised Dollar General Corporation (NYSE: DG) price target from $275 to $285. Oppenheimer analyst Rupesh Parikh maintained an Outperform rating on the stock. Dollar General fell 0.1% to $256.95 in pre-market trading. JP Morgan raised Las Vegas Sands Corp. (NYSE: LVS) price target...

US stocks started the week on a lower note on concerns that China could resume stricter restrictions to fight the covid-19 pandemic. Beijing has warned it was facing its most severe test of COVID as it tightened rules for entering the city, reported Reuters. Shares of US casino operators having...

Gainers Applied Genetic Technologies Corporation (NASDAQ: AGTC) climbed 62.4% to close at $0.39. Syncona disclosed that it will acquire Applied Genetic Technologies Corporation. Vaxcyte, Inc. (NASDAQ: PCVX) shares surged 60.4% to close at $33.00 on Monday after the company announced positive...

Gainers Vaxcyte, Inc. (NASDAQ: PCVX) shares jumped 65% to $33.96 after the company announced positive topline results from the Phase 1/2 clinical proof-of-concept study evaluating the safety, tolerability and immunogenicity of VAX-24. Healthcare Triangle, Inc. (NASDAQ: HCTI) gained 54.8% to $0....

U.S. stocks traded mostly higher, with the Dow Jones gaining more than 200 points on Monday. Here are some big stocks recording losses in today’s session. Pinduoduo Inc. (NASDAQ: PDD) shares dipped 30.2% to $ 41.17. U.S.-listed Chinese stocks dipped on Monday amid fears over President Xi...

Gainers NextPlay Technologies, Inc. (NASDAQ: NXTP) shares climbed 107.3% to close at $0.4138 on Thursday after the company announced its NextFintech division received commitment for a $15 million strategic investment. Ascent Solar Technologies, Inc. (NASDAQ: ASTI) surged 57.5% to close at $5.12....

Gainers NextPlay Technologies, Inc. (NASDAQ: NXTP) shares jumped 126% to $0.4525 after the company announced its NextFintech division received commitment for a $15 million strategic investment. Ascent Solar Technologies, Inc. (NASDAQ: ASTI) gained 44.1% to $4.6852. Ascent Solar recently named...