Recent updates point to a volatile landscape for Caesars Entertainment (NASDAQ:CZR). Multiple reports indicate CZR hit a new 52-week low. Financial entities like the Bank of New York Mellon and Hosking Partners LLP reduced their stake in CZR. Yet, Dana Investment Advisors and Pekin Hardy Strauss notably increased their shares. Susquehanna upgraded its CZR rating to 'Neutral,' and several insiders made significant investments. Notably, CZR swung to Q4 profit, prompting dialogue around the possible turning point for the Casino Giant. Despite the company's stellar financial movement and recent overhaul of their iGaming platform, CZR reported Q4 sales below analysts' estimates and posted a surprise quarterly loss, missing forecast estimates. However, CZR continues to make strides in digital gambling with the launch of its online casino live dealer studio in Pennsylvania and Horseshoe Online Casino.
Caesars Entertainment CZR News Analytics from Thu, 30 May 2024 07:00:00 GMT to Sat, 08 Mar 2025 13:18:45 GMT -
Rating -4
- Innovation -2
- Information 5
- Rumor -7
