Scientific Games Stock Falls On Unusually High Volume (SGMS)

NEW YORK ( TheStreet) -- Scientific Games Corporation (Nasdaq: SGMS) is trading at unusually high volume Wednesday with 2.5 million shares changing hands. It is currently at four times its average daily volume and trading down $1.85 (-15.1%) at $10.43 as of 2:30 p.m. ET.

Scientific Games has a market cap of $1.05 billion and is part of the services sector and leisure industry. Shares are up 26.6% year to date as of the close of trading on Tuesday.

Scientific Games Corporation provides gaming solutions to lottery and gaming organizations worldwide.

TheStreet Ratings rates Scientific Games as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally poor debt management. You can view the full Scientific Games Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVDOWN to 95370 or select from multiple alert options.

null

More from Markets

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Red Robin Slumps After Earnings Miss

Red Robin Slumps After Earnings Miss

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet