Yahoo Finance Caesars Entertainment (CZR) Surges: Stock Moves 5.5% Higher
Caesars Entertainment Corporation CZR was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 10.6% in the past one-month time frame.
The move came after the U.S. Supreme Court ruled against the prevention of sports-related betting, which was earlier considered unconstitutional.
The company has seen its Zacks Consensus Estimate for the current quarter move higher over the past few weeks, suggesting that more solid trading could be ahead for Caesars Entertainment. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Caesars Entertainment currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Caesars Entertainment Corporation Price
Caesars Entertainment Corporation Price | Caesars Entertainment Corporation Quote
A better-ranked stock in the Gaming industry is Las Vegas Sands Corp. LVS, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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