MGM and Pinnacle were the top performers at the beginning of the week
The shares of MGM Resorts, the hospitality and gaming company owner of properties like the Bellagio and MGM Grand in Las Vegas, ave defined support at us$ 9.01 and resistance at us$ 1.65.
Pinnacle Entertainment was also among the top performers, closing the trading session at us$ 13.3 representing 8.48% from its previous close. The owner and operator of casinos and resorts throughout the U.S. and Argentina has calculated support and resistance levels at us$ 11.05 and us$ 12.46 respectively.
Casino Stocks worst performers include Las Vegas Sands, that closed the trading session at us$ 45.81 or 4.52% from the previous close. The owner and operator of casino resorts and convention centers in the US, Macau and Singapore shares have defined support at us$ 40.26 and resistance at us$ 44.29. Also among the worst performers was Penn National Gaming, which closed the trading session at us$ 38.68 representing 4.68% from the previous trading session.
Casino stocks outperformed the broad market S&P 500 Index that closed the trading session at 1210.08, 33.28 points or 2.83% from the previous trading session.
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