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Churchill Downs (CHDN) in Focus: Stock Up 6.4% in Session
Churchill Downs Inc. (CHDN - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. Shares moved up on the announcement that the company will join the S&P MidCap 400 after the close of trading on Jun 23, 2016. This led to solid volume too with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $118.98 to $128.06 in the past one-month time frame, showed a pick-up yesterday at $126.97.
None of the estimates for this gaming industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Churchill Downs has a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.
CHURCHILL DOWNS Price
CHURCHILL DOWNS Price | CHURCHILL DOWNS Quote
However, a better-ranked stock in the same space is Isle of Capri Casinos, Inc. , sporting a Zacks Rank #1 (Strong Buy).
Is CHDN going up? Or down? Predict to see what others think: Up or Down
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