Updated
Updated · MarketWatch · May 1
Las Vegas Sands stock slides 1.50% but outperforms mixed market
Updated
Updated · MarketWatch · May 1

Las Vegas Sands stock slides 1.50% but outperforms mixed market

10 articles · Updated · MarketWatch · May 1
  • The shares closed at $53.79 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average fell 0.31% to 49,499.27.
  • Las Vegas Sands ended 23.65% below its 52-week high of $70.45, reached on 1 December.
  • Trading volume reached 4.9 million shares, above the stock's 50-day average of 4.1 million, indicating heavier-than-usual activity.
After record profits, why are Las Vegas Sands executives selling stock as the company doubles down on Asia?
LVS has abandoned US expansion for Asia. Is this a masterstroke or a massive gamble on geopolitical stability?