Bally's (BALY) Surges 6.4%: Is This an Indication of Further Gains?
Bally's (BALY) shares soared 6.4% in the last trading session to close at $13.26. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 24.6% gain over the past four weeks.Bally’s recent stock rally likely reflects investor enthusiasm surrounding the company’s strategic transformation and improving business outlook. The planned sale of Bally’s International Interactive to Intralot for €2.7 billion has been perceived as a value-creating ...