Las Vegas Sands Corp. (NYSE:LVS) is trading sharply lower after reporting earnings. The stock is trading lower this afternoon by $3.34 to $42.54 a share. The stock will have some minor intra-day support around the $42.00 level. LVS stock is now trading below the daily chart 50 moving average which puts the stock in a weak technical position. This formation could cause the stock to see further downside in the coming days.
Wynn Resorts Ltd. (NASDAQ:WYNN) is trading lower is trading lower this afternoon by $2.84 to $143.24 a share. MGM Resorts International (NYSE:MGM) is trading higher this afternoon by $1.37 to $14.26 a share after reporting a smaller than expected loss. The stock is now extended on the daily chart and may need to consolidate or pullback before trading higher.