Caesars Entertainment Corporation
) saw a big move last session, as the company's shares fell by over
7% on the day. The move came on pretty good volume too with far
more shares changing hands than in a normal session. This continues
the recent downtrend for CZR, as the stock is now down nearly 23.7%
in the past one-month time frame.
Although this slump was obviously disappointing, this company in
the Gaming industry has seen 1 positive revision and its current
year earnings consensus has moved higher over the past few weeks as
well. This suggests that the recent slump might be a temporary blip
on the radar for CZR. So make sure to keep an eye on this stock
going forward to see if yesterday's price decline is confirmed by
more weakness, or if it can rebound in the weeks ahead.
CZR currently has a Zacks Rank #3 (Hold) while its
Some better-ranked stocks in the same sector include
Bally Technologies, Inc.
Melco Crown Entertainment Limited
MGM Resorts International
). All these stocks carry a Zacks Rank #2 (Buy).
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BALLY TECH INC (BYI): Free Stock Analysis
CAESARS ENTERTN (CZR): Free Stock Analysis
MGM RESORTS INT (MGM): Free Stock Analysis
MELCO CROWN ENT (MPEL): Free Stock Analysis
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