Do Traders Think Boyd Gaming Corporation (BYD) Can Turn Around Wednesday?

The market has been high on Boyd Gaming Corporation (BYD) stock recently. BYD gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Boyd Gaming Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BYD!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With BYD Stock Today?

Boyd Gaming Corporation (BYD) stock is trading at $53.80 as of 3:27 PM on Wednesday, Oct 25, a loss of -$7.23, or -11.85% from the previous closing price of $61.03. The stock has traded between $52.42 and $57.39 so far today. Volume today is above average. So far 2,482,324 shares have traded compared to average volume of 826,759 shares. To see InvestorsObserver's Sentiment Score for Boyd Gaming Corporation click here.

More About Boyd Gaming Corporation

Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Its business segments are separated by geographical regions: Las Vegas Locals; Downtown Las Vegas; and Midwest & South. Midwest & South holds the largest number of entertainment properties, and it generates most sales for the company. Boyd generates most of its revenue from its gaming operations. Click Here to get the full Stock Report for Boyd Gaming Corporation stock.