Caesars Entertainment: Betting On The House To Win

2026-03-12 01:37:18 ET

Shares of Caesars Entertainment ( CZR ) surged 12% on Wednesday as investors digested news that the company could be close to selling itself. Shares have now rallied more than 50% from their lows, reversing painful losses over the past year and leaving the stock slightly higher than a year ago. The company’s underlying results have been weak, exacerbated by many middle-income consumers stepping back from travel, given affordability challenges, with Las Vegas particularly weak. This has brought potential buyers in to take the company private. I last covered Caesars in July , rating shares a "B uy." This has been a poor call, but with the recent surge, shares are now down just 1% since then. With recent headlines, now is a good time to revisit CZR....

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