Tuesday, December 01, 2015

November 2015 Las Vegas Stock Recap

With the calendar now showing December 2015, let's take a look back and see how Las Vegas stocks did in the month of November.

After a blazing hot October for Las Vegas stocks, they came back down to earth a little bit in November.

Caesars Entertainment was the only stock finishing up in November, inching up a little over 5% after soaring over 36% in October.

MGM Resorts International and Boyd Gaming were relatively flat in October, both declining slightly.

Wynn Resorts and Las Vegas Sands both were both down a little over 10% in November after both had a strong October. Some issues in Macau continue to weigh on these two operators.

Penn National was down almost 11% in November, after having the weakest performance of all the Las Vegas stocks in October. I'm guessing their master lease accounting issues could have hurt their stock price recently.