Isle of Capri Casinos - Top Performing Casino Stock

Published on Friday, 20 January 2012 17:06 Written by Gerard Lerod

New York, January 20th (TradersHuddle.com) - Casino stocks ended the session lower by closing -0.85% versus their previous day close. Casino stocks had widespread weakness with 2 out of 7 casino companies trading higher.

Isle of Capri Casinos (NASDAQ:ISLE) was the top performer of the casino stocks today closing at $4.86 representing 4.07%. versus the previous trading session. The shares of Isle of Capri Casinos, the owner and operator of branded casino resorts throughout the U.S., the U.K. and the Bahamas have defined support at $4.38 and resistance at $4.72.

Pinnacle Entertainment (NYSE:PNK) was also among the top performers, closed the trading session at $10.58 representing 1.44% from its previous close. Pinnacle Entertainment, the owner and operator of casinos and casinos resorts throughout the U.S. and Argentina has calculated support and resistance levels at $10.03 and $10.99 respectively.

Casino Stocks worst performers include Ameristar Casinos (NASDAQ:ASCA) that closed the trading session at $19.78 or -3.84% from the previous close. Ameristar Casinos, the gaming company that owns and operates casinos resorts in several states in the U.S. shares have defined support at $17.28 and resistance at $19.04. Also among the worst performers was Wynn Resorts (NASDAQ:WYNN), which closed the trading session at $115.47 representing -1.6% from the previous trading session.

Casino stocks underperformed the broad market S&P 500 Index that closed the trading session at 1315.38, 0.88 points or 0.07% from the previous trading session.