
Casino stocks experienced significant volatility following a tumultuous trading day on the New York Stock Exchange, which saw a decline of over 1,000 points, marking the worst day for the market since 2022. The gaming industry was notably affected, with many stocks falling amid broader market selloffs and recession fears. However, there was a rebound in gaming stocks on Tuesday, as they recovered alongside the overall market. Notably, a stock purchase by Tilman Fertitta provided a boost to Red Rock Resorts, indicating some resilience within the sector despite the recent downturn.
Updated: Gaming stocks rebound Tuesday along with the market Most casino operators and equipment manufacturers have recovered after Monday’s market tumble. Fertitta stock purchase boosts Red Rock. via @TheNVIndy https://t.co/gRrEqv22tv
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