Las Vegas Sands Corp. (LVS) is currently at $45.74, up $4.71 or 11.48%

 

-- On pace for largest percent increase since Nov. 1, 2018, when it rose 11.82%

-- Currently up two consecutive days; up 12.41% over this period

-- Earlier Thursday, J.P. Morgan upgraded Las Vegas Sands to overweight from neutral, and Deutsche Bank and Nomura both raised their price target for the company, Benzinga reported

-- On Wednesday, Las Vegas Sands reported first-quarter total net revenue declined to $1.78 billion from $3.65 billion a year earlier. Analysts had expected $2.03 billion of revenue

-- "We are confident that travel and tourism spending in each of our markets, and around the world, will eventually recover," Chief Executive Sheldon Adelson, the company's biggest shareholder, said Wednesday

-- Best two day stretch since the two days ending April 8, 2020, when it rose 14.37%

-- Up 7.7% month-to-date; on pace for best month since Dec. 2019, when it rose 10.02%

-- Down 33.75% year-to-date

-- Down 68.36% from its all-time closing high of $144.56 on Oct. 2, 2007

-- Traded as high as $46.49

-- Up 13.31% at today's intraday high; largest intraday percent increase since March 25, 2020, when it rose as much as 15.23%

-- Third best performer in the S&P 500 today

 

All data as of 11:02:34 AM

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 23, 2020 11:27 ET (15:27 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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