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Las Vegas Sands Corp LVS - News Analyzed: 3,882 - Last Week: 99 - Last Month: 495

⇑ Las Vegas Sands Corp LVS Reports Sharp Growth amidst Strong Trading and Tourism Upsurge

Las Vegas Sands Corp LVS Reports Sharp Growth amidst Strong Trading and Tourism Upsurge

Last week, Las Vegas Sands Corp. (NYSE:LVS) observed significant growth, seeing a sharp 22% pop and adding to three-year gains totaling 37%. The corporation's stock consistently outperformed the market on strong trading days, even amidst significant investing activity. Notably, AQR Capital Management LLC sold over a million shares, whilst Maverick Capital Ltd., Long Focus Capital Management LLC, and Dimensional Fund Advisors LP bought shares in varying quantities.

Las Vegas Sands has been spotlighted for the potential of increased tourism and reporting above-average returns on equity (ROE). Analysts have also shifted their view to bullish regarding this undervalued cyclical stock. Despite fluctuations, LVS shares have seen competitive performance, including a surge to $44.82.

In addition, Marriott is opening the grand Londoner in Macao in collaboration with Sands China. These activities, along with the positive quarterly results and future potential, have drawn investor attention, encouraging queries about whether now is the right time to buy into LVS. Lastly, Las Vegas Sands Corp has also contributed significantly to local communities and organizations. In particular, dividends yield and social responsibility actions are a part of their strategy.

Las Vegas Sands Corp LVS News Analytics from Tue, 28 Nov 2023 08:00:00 GMT to Sun, 29 Sep 2024 12:04:24 GMT - Rating 8 - Innovation 5 - Information 7 - Rumor -5

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