Las Vegas Sands Corp (LVS) has experienced several major market developments recently. Despite American International Group Inc selling its LVS shares, and a dip in stock performance, the corporation has announced a dividend of $0.20. The dip in performance likely resulted in part from LVS reporting lower-than-expected Q2 results. The earnings call talked up opportunities in Thailand, New York, and Texas, possibly hinting at future expansion. LVS stock reached a new 52-week low following weak earnings, which led to lowered price targets by several companies such as Susquehanna and Stifel Nicolaus. Despite this, Ken Fisher remains bullish on the growth stock. Even with market underperformance and losses, LVS still outperformed the market. Overall, despite mixed recent results and a decrease in stock performance, there appears to be positive long-term sentiment for LVS, with some analysts seeing opportunities and potential for the company.
Las Vegas Sands Corp LVS News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 28 Jul 2024 16:14:00 GMT -
Rating -3
- Innovation 4
- Information 5
- Rumor -7
