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Today's Research Reports on Trending Tickers: International Game Technology and Scientific Games

NEW YORK, NY / ACCESSWIRE / November 1, 2018 / U.S. equities rose on Wednesday as a number of high profile companies reported upbeat corporate earnings that helped boost investor confidence. The Dow Jones Industrial Average gained 0.97 percent to close at 25,115.76, while the S&P 500 Index increased 1.09 percent to close at 2,711.74. The Nasdaq Composite Index jumped 2.01 percent to close at 7,305.90.

According to Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Company, “We’ve been trading on things that aren’t fundamental in nature, and now we’re back to looking at the fundamentals, which are very attractive.”

RDI Initiates Coverage on:

International Game Technology PLC
https://rdinvesting.com/news/?ticker=IGT

Scientific Games Corporation
https://rdinvesting.com/news/?ticker=SGMS

International Game Technology's stock jumped 15.87% Wednesday, to close the day at $18.55. The stock recorded a trading volume of 9,919,020 shares, which was above its three months average volume of 3,626,255 shares. In the last year, International Game Technology's shares have traded in a range of 15.01 - 31.00. The share price has gained 23.58% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $18.25 is below its 200-day moving average of $23.00. Shares of International Game Technology have fallen roughly 6.08 percent in the past month and are down 30.03 percent year-to-date.

Access RDI's International Game Technology PLC Research Report at:
https://rdinvesting.com/news/?ticker=IGT

On Wednesday, shares of Scientific Games recorded a trading volume of 2,495,288 shares, which was above the three months average volume of 1,964,883 shares. The stock ended the day 10.91% higher at $22.26. The share price has fallen 64.55% from its 52 week high with a 52 week trading range of 18.21 - 62.80. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $24.32 is below its 200-day moving average of $41.36. Shares of Scientific Games have fallen roughly 12.36 percent in the past month and are down 56.61 percent year-to-date.

Access RDI's Scientific Games Corporation Research Report at:
https://rdinvesting.com/news/?ticker=SGMS

Our Actionable Research on International Game Technology PLC (NYSE : IGT ) and Scientific Games Corporation (NASDAQ : SGMS ) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com