Subject: INO
Breakfast Technical Briefing on Resorts & Casinos Stocks -- Caesars Entertainment, Melco Resorts & Entertainment, Wynn Resorts, and Boyd Gaming
NEW YORK, October 24, 2017 /PRNewswire/ --
If you want a Stock Review on CZR, MLCO, WYNN, or BYD then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Casinos and the resorts and services often connected to them provide a variety of opportunities that span the entire spectrum of the Hospitality field. This is a fast-paced environment that is always changing with new laws and expanding growth; it is a highly competitive area of the Hospitality industry. Ahead of today's trading session, DailyStockTracker.com presents the following Resorts and Casinos stocks for assessment: Caesars Entertainment Corp. (NASDAQ: CZR), Melco Resorts & Entertainment Ltd (NASDAQ: MLCO), Wynn Resorts Ltd (NASDAQ: WYNN), and Boyd Gaming Corp. (NYSE: BYD). Daily Stock Tracker published free research reports on these stocks today at:
http://dailystocktracker.com/register/
Caesars Entertainment
Las Vegas, Nevada-based Caesars Entertainment Corp.'s shares gained 2.46%, closing Monday's trading session at $12.50. The stock recorded a trading volume of 21.04 million shares, which was above its three months average volume of 4.44 million shares. The Company's shares have advanced 47.06% since the start of this year. The stock is trading 3.36% above its 50-day moving average and 13.80% above its 200-day moving average. Additionally, shares of Caesars Entertainment, which through its subsidiaries, provides casino-entertainment and hospitality services in the US and internationally, have a Relative Strength Index (RSI) of 53.78.
On October 06th, 2017, research firm Nomura initiated a 'Neutral' rating on the Company's stock, with a target price of $14 per share.
On October 20th, 2017, Caesars Entertainment announced that it will hold an Investor and Analyst Event on October 24th, 2017, in New York. Presentations will be given by President and CEO Mark Frissora and members of the management team, followed by questions and answers. The executives plan to discuss, among other things, the Company's strategic plans and opportunities. See our free and comprehensive research report on CZR at:
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Melco Resorts & Entertainment
On Monday, shares in Central, Hong Kong-based Melco Resorts & Entertainment Ltd recorded a trading volume of 1.11 million shares. The stock declined 0.54%, ending the day at $23.78. The Company's shares have advanced 1.06% in the past month, 9.69% in the previous three months, and 61.59% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.85% and 15.91%, respectively. Furthermore, shares of the Company, which through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia, have an RSI of 55.35.
On October 04th, 2017, City of Dreams, which is operated by Melco Resorts & Entertainment, has marked the countdown to its much-anticipated launch of Phase-3 and the opening of the new Morpheus hotel concept in style by commissioning the award-winning and world-renowned artist Maarten Baas to create a striking art piece at The Countdown Hotel. The "Count:Down Clock" is the first real-time clock that Baas has created in Asia and also his first ever installation in Macau, and will count down the hours and minutes until the launch in 2018. MLCO free research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=MLCO
Wynn Resorts
Las Vegas, Nevada-based Wynn Resorts Ltd's stock finished the day 0.22% higher at $144.76 with a total trading volume of 1.21 million shares. The Company's shares have advanced 4.16% in the previous three months and 67.33% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.18% and 17.67%, respectively. Additionally, shares of Wynn Resorts, which develops, owns, and operates destination casino resorts, have an RSI of 53.74. Sign up for your complimentary report on WYNN at:
http://dailystocktracker.com/registration/?symbol=WYNN
Boyd Gaming
Shares in Las Vegas, Nevada headquartered Boyd Gaming Corp. ended yesterday's session 0.84% lower at $28.46. The stock recorded a trading volume of 1.13 million shares. The Company's shares have advanced 13.66% in the last one month, 8.50% over the previous three months, and 41.10% since the start of this year. The stock is trading 7.42% and 19.65% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Boyd Gaming, which together with its subsidiaries, operates as a multi-jurisdictional gaming company, have an RSI of 68.01.
On October 12th, 2017, research firm Telsey Advisory Group reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $30 a share to $31 a share.
On October 17th, 2017, Boyd Gaming announced that the conference call to review its Q3 2017 results will take place on October 26th, 2017, at 5:00 p.m. ET. The conference call will be available live on the Company's website. Register for free on DailyStockTracker.com and download the latest research report on BYD at:
http://dailystocktracker.com/registration/?symbol=BYD
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