Caesars Entertainment (CZR) experienced a robust week, however, this did not alleviate the three-year pain for shareholders. Despite a recent gap up in shares, analysts appear divided on the future climb or sink of the stock.Report show increased betting on Caesars, suggesting some confidence among 'whales'. A six-month-high jump was noted recently, but discussions of Caesars' stock among the most volatile persist. The company's recent refinancements and share buyback have improved its financial stability, a factor to consider when investing.
Caesars has launched its newest proprietary
iGaming platform, 'Horseshoe Online Casino', marking its moves in the iGaming industry. Anticipation is also building around the Q3 earnings, however, expectations of a decline continue to circulate. On the brighter side, a decrease in short interests for Caesars stock is seen as a good sign.
Despite certain challenges and a recent surprising quarterly loss, bullish signs exist in the form of the launch of Caesars' first online casino live dealer studio in Pennsylvania with Evolution Gaming, a potentially sizable Icahn stake, and the announcement of a $1.1 billion issue of senior notes. However, investors should still proceed with cautious optimism, considering CZR's high stakes and debts.
Caesars Entertainment CZR News Analytics from Tue, 25 Feb 2020 23:11:11 GMT to Fri, 14 Feb 2025 17:32:56 GMT -
Rating 1
- Innovation -3
- Information 7
- Rumor 2
