Stock of the Day

November 3, 2020

Boyd Gaming (BYD)

$77.11
-$0.48 (-0.6%)
Market Cap: $5.60B

About Boyd Gaming

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. The company operates through Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online segments. It also engages in owning and operating a travel agency. Boyd Gaming Corporation was founded in 1975 and is headquartered in Las Vegas, Nevada.

Today's Trend

Boyd Gaming Corporation (NYSE: BYD) is moving higher after reporting better-than-expected second-quarter results, even as revenue came in slightly below Wall Street’s target.

Overall, Boyd Gaming (BYD) is benefiting from an earnings beat and encouraging business segment trends, while investors are staying somewhat cautious because revenue only matched expectations and sentiment appears more measured after the report.