Las Vegas Sands stock rises 1.05% and outperforms market
Updated
Updated · MarketWatch · May 7
Las Vegas Sands stock rises 1.05% and outperforms market
12 articles · Updated · MarketWatch · May 7
Shares closed at $53.78 on Thursday as the S&P 500 fell 0.38% to 7,337.11 and the Dow Jones Industrial Average dropped 0.63% to 49,596.97.
The gain marked Las Vegas Sands' third straight daily advance in a broadly weak trading session.
The stock remains 23.67% below its 52-week high of $70.45 reached on 1 December, while trading volume of 5.9 million topped its 50-day average of 4.2 million.
With its Macau profits shrinking, is Las Vegas Sands' all-in bet on Asia a brilliant move or a critical misstep?
Analysts say LVS stock is a 'Buy,' but its new CEO is selling. Who knows something the other doesn't?