What's Happening With These Resorts & Casinos Stocks? -- Pinnacle Entertainment, Royal Caribbean Cruises, Vail Resorts, and Wynn Resorts

What's Happening With These Resorts & Casinos Stocks? -- Pinnacle Entertainment, Royal Caribbean Cruises, Vail Resorts, and Wynn Resorts

PR Newswire

NEW YORK, April 9, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on PNK, RCL, MTN, and WYNN which can be accessed for free by signing up to www.wallstequities.com/registration. Ahead of today's trading session, WallStEquities.com scans Pinnacle Entertainment Inc. PNK, Royal Caribbean Cruises Ltd RCL, Vail Resorts Inc. MTN, and Wynn Resorts Ltd WYNN. These companies operate in the Resorts and Casinos industry, which is composed of lodging and recreational establishments that provide both facilities on the same premises.  All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

Pinnacle Entertainment

Las Vegas, Nevada headquartered Pinnacle Entertainment Inc.'s shares finished Friday's session 0.10% higher at $30.48. A total volume of 278,832 shares was traded. The stock has gained 0.10% in the last month and 61.18% over the past year. The Company's shares are trading above their 200-day moving average by 17.19%. Moreover, shares of Pinnacle Entertainment, which owns, develops, and operates casinos and related hospitality and entertainment facilities in the US, have a Relative Strength Index (RSI) of 50.09.  

On March 29th, 2018 at its special meeting of stockholders, Pinnacle Entertainment announced that Company stockholders approved its acquisition by Penn National Gaming, Inc. ("PENN") by voting affirmatively to adopt the merger agreement for the transaction. In addition, PENN announced that its shareholders voted to approve its proposal to issue shares of PENN common stock to the stockholders of Pinnacle as part of the consideration in the transaction. Get the full research report on PNK for free by clicking below at: www.wallstequities.com/registration/?symbol=PNK

Royal Caribbean Cruises

Shares in Miami, Florida headquartered Royal Caribbean Cruises Ltd ended the day 2.54% lower at $114.83 with a total trading volume of 1.10 million shares. The stock has advanced 16.98% over the past year. The Company's shares are trading 5.63% below their 200-day moving average. Moreover, shares of the Company, which operates as a cruise company, have an RSI of 34.91.  

On March 19th, 2018, Royal Caribbean Cruises has appointed Adam Goldstein, one of the Cruise industry's most respected leaders, to serve as its Vice Chairman. Goldstein, a 30-year Company veteran, will assume his new post in May, after having served as its President and COO since 2014. Today's complimentary research report on RCL is accessible at: www.wallstequities.com/registration/?symbol=RCL

Vail Resorts

Broomfield, Colorado-based Vail Resorts Inc.'s stock declined 2.20%, closing the session at $223.87. A total volume of 274,834 shares was traded. The Company's shares have gained 3.26% in the last month, 7.10% in the previous three months, and 17.86% over the past year. The stock is trading 2.06% above its 50-day moving average and 1.97% above its 200-day moving average. Additionally, shares of Vail Resorts, which through its subsidiaries, operates mountain resorts and urban ski areas in the US, have an RSI of 52.34.  

On March 13th, 2018, Vail Resorts introduced Emma, your Epic Mountain Assistant, the world's first digital mountain assistant to help guide guests while on their ski and snowboard vacation at nine of the Company's resorts. Emma will debut for the 2018-19 winter season at Vail, Beaver Creek, Breckenridge, and Keystone in Colorado; Park City in Utah; Heavenly, Northstar, and Kirkwood in Tahoe; and Whistler Blackcomb in British Columbia, Canada. Register now for your free research document on MTN at: www.wallstequities.com/registration/?symbol=MTN

Wynn Resorts

On Friday, shares in Las Vegas, Nevada-based Wynn Resorts Ltd finished the session 1.52% lower at $178.49. A total volume of 2.80 million shares was traded. The stock has gained 5.99% in the last month, 9.24% over the previous three months, and 52.97% over the past year. The Company's shares are trading above their 50-day and 200-day moving averages by 2.49% and 15.91%, respectively. Moreover, shares of Wynn Resorts, which develops, owns, and operates destination casino resorts, have an RSI of 52.09.  

On March 23rd, 2018, Wynn Resorts (WYNN) and Galaxy Entertainment Group announced that the latter has agreed to purchase 5.3 million primary shares of WYNN at a price of $175 a share, resulting in $927,500,000 of gross proceeds to WYNN.

On April 02nd, 2018, research firm ROTH Capital upgraded the Company's stock rating from 'Neutral' to 'Buy'. Click on the link below and see our free report WYNN at: www.wallstequities.com/registration/?symbol=WYNN

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@wallstequities.com

Phone number: +21-32-044-483

Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

 

Cision View original content:http://www.prnewswire.com/news-releases/whats-happening-with-these-resorts--casinos-stocks----pinnacle-entertainment-royal-caribbean-cruises-vail-resorts-and-wynn-resorts-300626183.html

SOURCE Wall St. Equities

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: OpinionPress ReleasesPublishing/Information Services
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!