CONTACT:Red Rock Resorts Daniel P. FoleyVice President, Finance & Investor Relations(702) 495-3683orLori NelsonVice President of Corporate Communications(702) 495-4248
Penn National's (PENN) rating was lowered to 'neutral' from 'overweight' at JPMorgan.
Analysts are raising their estimates for the regional gaming sector as sentiment in states Donald Trump carried climb post-election.
Yet another compelling reason to short Red Rock Resorts this week ahead of the IPO lock-up expiration is the bank's need for cash and large position in the stock.
Investors would be wise to sell short shares of casino operator Red Rock Resorts (RRR) before the company's IPO lockup period expires.