Las Vegas Sands Corp. stock displayed a mixed performance with sporadic peaks and notable declines. Positive factors include a
30% return over the last three years and a rise by
8% in a day attributed to China's stimulus. The company also made the headlines for a
$200M commitment to Global Workforce Development, launching wellness programs, and plans to spend
$8bln to expand the MBS resort in Singapore. However, it reported
lagging revenues and earnings
down year-over-year. Several institutions, such as Meeder Asset Management Inc., Janney Montgomery Scott LLC, and abrdn plc, adjusted their holdings in the company while its chairman Robert Goldstein sold a significant portion of his stock. Reports suggest that the company's Macau business should keep it afloat despite high debt, yet the
Q3 earnings and revenues missed expectations.
Las Vegas Sands Corp LVS News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Fri, 22 Nov 2024 21:58:00 GMT -
Rating 1
- Innovation 2
- Information 4
- Rumor -3
