A Strong Week For Gambling Stocks All Around!
There are many of those that watch the financial markets within the New York Stock Exchange as well as those abroad such as the London Stock exchange. Well for those that follow gambling stocks be it online gambling or land based hotels and casino, many will notice that gambling stocks had a strong week with a great finish by end of day Friday. The stocks are all hoping that this is the beginning of great things to follow and are aiming for a strong week in their trading numbers for next week as well to follow in the footsteps of last week that investors were so happy to see.
Some names that deserve mention are companies such LVS. The Las Vegas Sands corp. The company saw their stock price grow by 4% this week which a great swing in upward momentum. The stock price has been wavering between about $11 dollars and $22 dollars for the last six months and is currently hoping for a steady upwards climb ending the week at $17.87.
Other stocks that have a hotel as well as a casino say growth within the 3.5-5% mark as well. Wynn and MGM were among those names. Pinnacle Entertainment and Boyd Gaming were also members of the happy clan with growing numbers.
Those that are online gambling stocks saw improvement also as Party Gaming announced last quarter numbers and watched their stock price grow in result to this as well as other great momentum in the online casino as well as the trading market.
Investors are happy and proud to be holding gaming stocks this week. Lets hope the trend continues into the week to follow. We will keep you posted as to the information that we learn!