Las Vegas Sands shares slip 1.25%, ending three-day winning streak
Updated
Updated · MarketWatch · May 8
Las Vegas Sands shares slip 1.25%, ending three-day winning streak
15 articles · Updated · MarketWatch · May 8
The stock closed at $53.11 on Friday as the S&P 500 rose 0.84% to 7,398.93 and the Dow Jones Industrial Average added 0.02% to 49,609.16.
Despite the daily decline, Las Vegas Sands outperformed the broader market on the session, according to the report.
Shares remain 24.62% below their 52-week high of $70.45 reached on 1 December, while trading volume of 5.3 million topped the 50-day average of 4.2 million.
Insiders are selling millions. Why do analysts still see a 30% upside for Las Vegas Sands stock?
Can LVS's new CEO navigate Macau's margin squeeze while funding billion-dollar expansions in Asia?