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Caesars Entertainment (CZR) Moves 5.3% Higher: Will This Strength Last?
CZRCaesars Entertainment(CZR) Zacks Investment Research·2024-01-19 12:46

Caesars Entertainment (CZR) shares soared 5.3% in the last trading session to close at 46.53.Themovewasbackedbysolidvolumewithfarmoreshareschanginghandsthaninanormalsession.Thiscomparestothestocks4.746.53. 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 2.84billion,comparedwiththeprioryearsreportedvalueof2.84 billion, compared with the prior year’s reported value of 2.82 billion. The net ...