MGM Reports Earnings, Las Vegas Sands Finally Pops (LVS, MGM)
The gaming stocks are all up big today, as MGM reported earnings that were (expectedly) horrible but boosted by high-end customers at the Bellagio and Macau properties. MGM shares were up over 35% mid-day, but the real winner has been Las Vegas Sands by proxy; LVS shares are up over 90%.
Somebody big has been accumulating [...]
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