GDEN Anyone have any information as to why Golden
Entertainment has dipped 13.5% since announcing the purchase of two
casino properties in Laughlin two weeks ago?
GDEN went up after the purchase - all gaming stocks hit today on
the news from Caesars.
Honestly, many don't realize it but quite a few stocks
have corrected 20% recently - in fact 38% of the tech sector has
corrected over 20%. It's masked by AAPL and GOOGL etc
I see many momentum stocks that got hit hard recently and notice
a great deal of apathy in the smaller names (absent any real major
news)
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GDEN Anyone have any information
Posted by RichieD on 1st of Aug 2018 at 07:20 pm
GDEN Anyone have any information as to why Golden Entertainment has dipped 13.5% since announcing the purchase of two casino properties in Laughlin two weeks ago?
GDEN went up after the
Posted by steve on 1st of Aug 2018 at 08:36 pm
GDEN went up after the purchase - all gaming stocks hit today on the news from Caesars.
Honestly, many don't realize it but quite a few stocks have corrected 20% recently - in fact 38% of the tech sector has corrected over 20%. It's masked by AAPL and GOOGL etc
I see many momentum stocks that got hit hard recently and notice a great deal of apathy in the smaller names (absent any real major news)