Casino Stocks Wrap Up - Lower: PNK, ASCA

Published on Friday, 19 October 2012 17:06 Written by Danny Miller

New York, October 19th (TradersHuddle.com) - Casino stocks ended the session lower by closing -1.95% versus their previous day close. Casino stocks had a broad decline with 0 out of 7 casino companies trading higher.

Pinnacle Entertainment (NYSE:PNK) was the top performer of the casino stocks today closing at $11.85 representing -0.84%. versus the previous trading session. The shares of Pinnacle Entertainment, the owner and operator of casinos and casinos resorts throughout the U.S. and Argentina have defined support at $11.20 and resistance at $12.66.

Ameristar Casinos (NASDAQ:ASCA) was also among the top performers, closed the trading session at $18.35 representing -1.45% from its previous close. Ameristar Casinos, the gaming company that owns and operates casinos resorts in several states in the U.S. has calculated support and resistance levels at $16.48 and $19.11 respectively.

Casino Stocks worst performers include Isle of Capri Casinos (NASDAQ:ISLE) that closed the trading session at $6.12 or -3.77% from the previous close. Isle of Capri Casinos, the owner and operator of branded casino resorts throughout the U.S., the U.K. and the Bahamas shares have defined support at $6.34 and resistance at $6.67. Also among the worst performers was Wynn Resorts (NASDAQ:WYNN), which closed the trading session at $115.62 representing -2.27% from the previous trading session.

Casino stocks underperformed the broad market S&P 500 Index that closed the trading session at 0, 0 points or 0% from the previous trading session.