Caesars Entertainment (CZR) Moves 5.3% Higher: Will This Strength Last?

Caesars Entertainment (CZR) shares soared 5.3% in the last trading session to close at $46.53. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.7% loss over the past four weeks.Shares of CZR appreciated after it released its preliminary fourth-quarter 2023 results. Per the results, the company expects its net revenues between $2.82 billion and $2.84 billion, compared with the prior year’s reported value of $2.82 billion. The net ...