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Todd Shriber
5664 stories by Todd Shriber
DraftKings Analysts Defend Stock Following Slump
Analysts covering DraftKings (NASDAQ:DKNG) are defending the stock today. That's after it tumbled more than six percent last week on a glum third-quarter earnings report and tepid revenue outlooks for 2021 and 2022. The online...
DraftKings Down on Dud Earnings, Guidance, NFL Losses Pinch Outlook
DraftKings (NASDAQ:DKNG) stock is probing its lowest levels since May. That's after the online sportsbook operator posted a wider-than-expected third-quarter loss and delivered 2021 guidance analysts see as disappointing. In midday trading, the shares are...
Penn Analysts Defend Stock, Call Portnoy Controversy Distraction
Shares of Penn National Gaming (NASDAQ:PENN) are bouncing back Friday. The rebound comes a day after the stock was drubbed following a disappointing third-quarter earnings report and controversy swirling around Barstool Sports founder David Portnoy's...
Caesars Stock Tipped as Tapering Play
Caesars Entertainment (NASDAQ:CZR) stock could be one way for investors to deal with the Federal Reserve scaling back and ultimately ending its bond-buying program. That scenario, also known as tapering, is now a foregone conclusion....
Golden Entertainment Mulling Shareholder Rewards, Analyst Lifts Price Target
Golden Entertainment (NASDAQ:GDEN) reported third-quarter earnings yesterday, handily topping Wall Street estimates. The company also floated the idea of increasing shareholder rewards, possibly including a dividend. The Strat owner reported earnings per share of 91...
MGM In Early Talks to Sell Mirage Operating Rights, Suitor List Likely Long
MGM Resorts International (NYSE:MGM) confirmed on its third-quarter earnings conference call Wednesday that it has commenced the sale process for the Mirage on the Las Vegas Strip. That brings an end to long-running speculation about...
Scientific Games Stock Handed Downgrade After Sizzling Run
Following a torrid pace that's seen the slot machine manufacturer's shares nearly double this year, Scientific Games (NASDAQ:SGMS) stock is contending with a downgrade today. In a note to clients, Stifel analyst Jeffrey Stantial lowers...
Caesars Eyeing Las Vegas Strip Asset Sale in Early 2022, Says CEO Tom Reeg
Long-running scuttlebutt regarding when Caesars Entertainment (NASDAQ:CZR) will sell a property on the Las Vegas Strip could morph from chatter to reality early next year. Amid a flurry of high profile Strip asset sales this...
IGT Wins Rights for Marilyn Monroe Lottery Tickets, Scores iGaming Deal
International Game Technology (NYSE:IGT) is extending a brisk pace of adding new business, as the slot machine manufacturer said it's adding fresh iGaming and lottery accords to its portfolio. Late Monday, IGT said it notched...
DraftKings Stock Slumps Following Tepid Morgan Stanley Call
DraftKings (NASDAQ:DKNG) stock is tumbling Tuesday after Morgan Stanley resumed coverage of the online sportsbook operator with a lukewarm assessment. In a note to clients today, analyst Thomas Allen restarts coverage of DraftKings with an...
