online casino zar” That’s an old Wall Street saying referring to quality stocks that get hit during broader market slides.(Image: Boyd Gaming)On Thursday, 58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.downstream casino sports betting(Image: Boyd Gaming)On Thursday, Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out with the bathwater.huile d olive casino bio

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desert diamond casino veterans dayAn unspecified number of MGM workers’ furloughs and layoffs will commence next week.Monarch reported fiscal first-quarter results earlier this week.Boyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.cashman casino postsorg.Waiting For Cooler Heads to PrevailEntering Friday, gaming stocks were under intense selling pressure this month as investors bailed on the group amid fears the COVID-19 pandemic is going to sap earnings and keep gamblers away.The Wildhorse Resort & Casino in Oregon closed for two days recently for a deep cleaning “out of an abundance of caution” after one of its workers was declared presumptive positive for COVID-19.pechanga casino blackjack

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choctaw casino jackpot winnersorg.(Image: YouTube)On Friday, shares of the operator of the Atlantis Casino-Resort in Reno, Nevada surged on more than triple the average daily volume, taking a bite out of what had been a March decline of more than 61 percent, after Stifel analyst Brad Boyer dubbed that selloff “irrational.However, the combination of the company’s strong balance sheet and depressed stock prices in the industry could compel it to consider acquisitions down the road.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attentiruby bolts e rs3on, we would prefer to see some level of rationality return to the public equity markets prior to growing more constructive on the shares,” said Boyer.Boyer has a “hold” rating and price target on Monarch, implying upside of almost 46 percent from Friday’s close.Coronavirus Leads to Closings NationwideElsewhere, other gaming properties are closing or are cutting back on operations.lucky dragon net