Gaylord Entertainment Stock Gaps Down On Today's Open (GET)
Shares of Gaylord Entertainment (NYSE:GET) were gapping down Tuesday morning with an open price 12.7% lower than Monday's closing price. The stock closed at $23.39 yesterday and opened today's trading at $20.42.
NEW YORK ( TheStreet) -- Shares of Gaylord Entertainment (NYSE: GET) were gapping down Tuesday morning with an open price 12.7% lower than Monday's closing price. The stock closed at $23.39 Monday and opened today's trading at $20.42. The average volume for Gaylord Entertainment has been 963,100 shares per day over the past 30 days. Gaylord Entertainment has a market cap of $1.2 billion and is part of the services sector and leisure industry. Shares are down 34.4% year to date as of the close of trading on Monday. Gaylord Entertainment Company, through its subsidiaries, operates as a diversified hospitality and entertainment company in the United States. The company primarily focuses on the large group meetings and conventions sector of the lodging market. TheStreet Ratings rates Gaylord Entertainment as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and generally poor debt management. You can view the full Gaylord Entertainment Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.