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Bearish MACD for Pinnacle Ent.

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December 22, 2009 |Comments: 0
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PNK

Pinnacle Entertainment Inc.’s (PNK) MACD indicator has crossed over to bearish territory with a reading of -0.1497. The Zacks #4 Rank (“Sell”) stock fell more than 2% to $9.70 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 9 cents over the past 2 months to 3 cents per share.

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