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Nasdaq Powers Past Record High Amid Bond Market Lull; Tesla Extends Gains
With investors content to buy into Fed Chairman Jerome Powell's inflation optimism, bond markets are holding steady and stocks are looking to test fresh record highs.
) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day down 0.3%. By the end of trading, Bally Technologies rose $1.12 (1.6%) to $70.92 on average volume. Throughout the day, 867,961 shares of Bally Technologies exchanged hands as compared to its average daily volume of 603,100 shares. The stock ranged in a price between $69.42-$70.99 after having opened the day at $69.80 as compared to the previous trading day's close of $69.80. Other companies within the Leisure industry that increased today were:
), up 3.5%,
), up 3.0%,
), up 2.7% and
), up 1.9%.
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Bally Technologies, Inc., a gaming company, engages in the design, manufacture, operation, and distribution of technology-based gaming devices, systems, server-based solutions, custom mobile applications, and interactive applications. Bally Technologies has a market cap of $2.7 billion and is part of the services sector. Shares are up 56.1% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Bally Technologies a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Bally Technologies Ratings Report.
On the negative front,
), down 4.6%,
), down 3.6%,
), down 3.4% and
), down 2.6% , were all laggards within the leisure industry with
) being today's leisure industry laggard.
- Use our leisure section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider
) while those bearish on the leisure industry could consider
- Find other investment ideas from our top rated ETFs lists.