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Today’s Top Casino Stocks Movers were LVS, MPEL, WYNN, BYD : by Penny Stock Pick Alert

Top Casino Stocks Movers were Las Vegas, Wynn Resorts, MGM MIRAGE as reported by by Penny Stock Pick Alert.

 



(EMAILWIRE.COM, November 10, 2009 ) Las Vegas Sands Corp. (NYSE:LVS) was the most volatile stock among the casino stocks. The stock opened over 6% higher and touched a day’s high of $16.95 and managed to close at $16.78 on high volume of 39.68 million after In an SEC filing today, Las Vegas Sands said it would offer 1.87 billion shares of Sands China Ltd. between $1.34 (HK$10.38) and $1.79 (HK$13.88) a share. The offering comprises 1,270,000,000 shares to be offered by Sands China Ltd. and 600,000,000 shares to be offered by Venetian Venture Development Intermediate, an indirect subsidiary of the Company.


Wynn Resorts, Limited (NASDAQ:WYNN) soared 6.38% and ended the day at $63.54. Today it unveiled a special dividend of $4 a share and plans to pay a quarterly dividend starting next year. The special dividend is expected to cost the casino operator about $492 million. Wynn predicted a dividend for the first quarter of next year of 20 cents a share.


Other casino Movers includes MGM MIRAGE (NYSE:MGM), which rose 7.08% to $10.44 and Boyd Gaming Corporation (NYSE:BYD) surged 5.97% to $8.17.


ABOUT http://www.PennyStockPickalert.com

The website alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock pick Alerts helps investors to achieve incredible results in a short amount of time .If you wish to get your company featured on our website.

Contact Information:
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Robert Wilson
Tel: 214 556 6798
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