New York, October 13th (TradersHuddle.com) - Casino stocks are trading lower by -1.62% versus their previous trading day close. Casino stocks are having a broad decline with 1 out of 7 casino companies trading higher.
Penn National Gaming (NASDAQ:PENN) is the top performer
Las Vegas Sands (NYSE:LVS) is also among the top performers, currently trading at $38.89 representing -0.28% from its previous close. Las Vegas Sands, the owner and operator of casino resorts and convention centers in the U.S., Macau, and Singapore has calculated support and resistance levels at $27.02 and $37.38 respectively.
Casino Stocks worst performers include MGM Resorts (NYSE:MGM) that is trading at $12.47 or -8.37% from the previous close. The Shares of MGM Resorts, the hospitality and gaming Company owner of properties like the Bellagio and MGM Grand in Las Vegas, NV have defined support at $10.10 and resistance at $11.92. Also among the worst performers is Ameristar Casinos (NASDAQ:ASCA), which so far is trading at $17.63 representing -1.67% from the previous trading session.
Casino stocks are underperforming the broad market S&P 500 Index is currently trading at 1180.84, 11.07 points or 0.95% from the previous trading session.
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