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
Scientific Games Corporation
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:
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
Access RDI's Scientific Games Corporation Research Report at:
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