NBC Securities Inc. increased its stake in Caesars Entertainment, Inc. (NASDAQ:CZR), while First Hawaiian Bank reduced its position. Carl Icahn built a sizable stake in the company, causing stock jump. Caesars Palace Online Casino upgraded its app with unique functionality. Despite missing Q4 sales targets and concerns about bad weather, Caesars Entertainment continues to see growth in options trading. After Q3 earnings fell short of estimates, analysts lowered their target price for CZR. The company's digital profitability is predicted to drive the stock higher, even though Caesars Entertainment investors took a 45% loss over three years. Despite missing both Revenue and Net Loss Projections for Q1 2024, Caesars Entertainment reported growth in annual revenue. The company also just recently celebrated the grand opening of their first property in Nebraska. Carl Icahn acquired a significant stake in CZR, which is expected to boost the company's position in the market. Caesars Entertainment's Q1 2024 earnings missed expectations. Despite a consensus recommendation of "Moderate Buy" from analysts, some shareholders voted on key proposals.
Caesars Entertainment CZR News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Sun, 23 Jun 2024 18:55:54 GMT -
Rating 4
- Innovation -4
- Information 1
- Rumor -2
