Caesars Entertainment ( (CZR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Caesars Entertainment shares are climbing as analysts highlight a more attractive balance between risk and potential reward, pointing to improving fundamentals across the business. The company’s regional casinos are expected to turn a corner soon, with better performance anticipated in the near term, while Las Vegas operations are also projected to improve quarter over quarter. On the back of these trends, Wall Street expects earnings estimates to move higher, supporting the more upbeat view on the stock and helping to push the share price upward.
More about Caesars Entertainment
YTD Price Performance: -1.67%
Average Trading Volume: 7,615,314
Technical Sentiment Signal: Sell
Current Market Cap: $4.85B
For further insights into CZR stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.