Caesars Entertainment, Inc.’s Stock Price Drops to $36.61, Reflecting a 3.76% Decrease: A Closer Look at CZR’s Market Performance

Caesars Entertainment, Inc. (CZR)

36.61 USD -1.43 (-3.76%) Volume: 6.27M

Caesars Entertainment, Inc.’s stock price is currently standing at 36.61 USD, witnessing a downturn of -3.76% in this trading session with a trading volume of 6.27M. The entertainment giant has seen a significant decline in its Year-To-Date (YTD) performance, with a percentage change of -21.91%, reflecting a challenging market environment.

Latest developments on Caesars Entertainment, Inc.

Caesars Entertainment (CZR) stock price movements today were influenced by a variety of factors. The company was affected by concerns over bad weather, while new developments in their offerings also made headlines. The launch of a new online slot game, ‘Caesars Palace Frenzy’, and a fresh ‘NHL Blackjack’ casino game were announced. A series of promotional codes offering various benefits across different states, such as $1K insurance and daily profit boosts, were also rolled out on their Sportsbook platform. In other news, the president of Rio, a property under Caesars, is set to step down, and a new themed restaurant, Lisa Vanderpump’s Wolf, has been unveiled.

A look at Caesars Entertainment, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Caesars Entertainment, Inc. shows a promising long-term outlook based on the Smartkarma Smart Scores. With high scores in Value and Growth, the company is positioned well for potential future success. However, its low score in Dividend and Resilience suggests some areas of concern that investors may want to keep an eye on. Overall, Caesars Entertainment’s solid performance in key areas bodes well for its continued growth and profitability in the coming years.

As a chain of resorts offering a variety of gaming facilities and services, Caesars Entertainment, Inc. caters to customers in the United States. While the company’s momentum score is moderate, its strong Value and Growth scores indicate a positive outlook for the future. Despite facing challenges in terms of Dividend and Resilience, Caesars Entertainment’s overall performance suggests that it has the potential to thrive in the competitive gaming industry in the long run.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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