Shares of Las Vegas Sands (LVS) Rally 4.65%

Las Vegas Sands (LVS) has been under a strong bear grip, hence the stock is down -5.78% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.1% in the past 1 week. The stock has risen by 4.65% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.66% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 3.84% and the 50-Day Moving Average is 2.84%.

Las Vegas Sands (NYSE:LVS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.05 and $45.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $46.60. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.18, notching a gain of 0.37% for the day. The total traded volume was 2,537,222 . The stock had closed at $46.01 on the previous day.


The company Insiders own 10.1% of Las Vegas Sands shares according to the proxy statements. Institutional Investors own 39.24% of Las Vegas Sands shares. In a related news,The director officer (President & COO) of Las Vegas Sands Corp, Goldstein Robert G sold 97,943 shares at $42.25 on January 4, 2016. The Insider selling transaction had a total value worth of $4,138,092. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Las Vegas Sands Corp. (LVSC) is a developer of destination properties that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Companys principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States. In Macao, its operating segments are The Venetian Macao; Sands Cotai Central; Four Seasons Macao; Sands Macao, and Other Asia (that includes its ferry operations and various other operations). In Singapore, its operating segment is Marina Bay Sands. In the United States, its operating segments are The Venetian Las Vegas, which includes the Sands Expo Center and The Palazzo, and Sands Bethlehem. The Paiza Club located at the Companys properties is an invitation-only club, which offers a range of services and amenities. The Company also offers players club loyalty programs at its properties.

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