{"id":201056,"date":"2021-03-13T03:00:00","date_gmt":"2021-03-13T00:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/sp-500-bets-on-penn-national-gaming-and-caesars-in-index-reshuffle\/"},"modified":"2021-03-13T03:00:00","modified_gmt":"2021-03-13T00:00:00","slug":"sp-500-bets-on-penn-national-gaming-and-caesars-in-index-reshuffle","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/sp-500-bets-on-penn-national-gaming-and-caesars-in-index-reshuffle\/","title":{"rendered":"#\n  S&#038;P 500 bets on Penn National Gaming and Caesar\u2019s in index reshuffle"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a382a65cd58d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a382a65cd58d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/sp-500-bets-on-penn-national-gaming-and-caesars-in-index-reshuffle\/#Penn_Caesars_stocks_gain_in_after-hours_trading_along_with_fellow_incoming_entrants_NXP_Semiconductors_and_Generac\" >Penn, Caesar\u2019s stocks gain in after-hours trading, along with fellow incoming entrants NXP Semiconductors and Generac<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/sp-500-bets-on-penn-national-gaming-and-caesars-in-index-reshuffle\/#Jeremy_C_Owens\" >Jeremy C. Owens<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  S&amp;P 500 bets on Penn National Gaming and Caesar\u2019s in index reshuffle<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Penn_Caesars_stocks_gain_in_after-hours_trading_along_with_fellow_incoming_entrants_NXP_Semiconductors_and_Generac\"><\/span>\n  Penn, Caesar\u2019s stocks gain in after-hours trading, along with fellow incoming entrants NXP Semiconductors and Generac<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000198358\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       The S&amp;P 500 is betting on Penn National Gaming Inc. and Caesar\u2019s Entertainment Inc. amid increasing legalization of sports betting in the U.S. <\/p>\n<p> Penn<br \/>\n        PENN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209264611\/composite\" class=\"negative\">-0.38%<\/bg-quote><br \/>\n       and Caesar\u2019s<br \/>\n        CZR,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205281174\/composite\" class=\"negative\">-0.13%<\/bg-quote><br \/>\n       were announced as incoming members of the S&amp;P 500  index<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"positive\">+0.10%<\/bg-quote><br \/>\n       Friday afternoon, along with semiconductor manufacturer NXP Semiconductors NV NXPI and Generac Holdings Inc. GNRC, which sells equipment used to generate power. Flowserve Corp. FLS, SL Green Realty Corp. SLG, Xerox Holdings Corp. XRX and Vontier Corp VNT will drop down to the S&amp;P MidCap 400 to make room. The changes are scheduled to take place before the start of trading on March 22. <\/p>\n<div class=\"paywall\">\n       Penn has seen its stock rise nearly 750% in the past year amid further legalization of sports betting and its investment in popular sports website Barstool. Penn is using Barstool\u2019s branding on its sports-gambling platform, which competes with Flutter Entertainment PLC<br \/>\n        FLTR,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206709455\/delayed\" class=\"positive\">+0.11%<\/bg-quote><span>,<\/span><br \/>\n       DraftKings<br \/>\n        DKNG,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/213120645\/composite\" class=\"positive\">+0.20%<\/bg-quote><span>,<\/span><br \/>\n      \u00a0William Hill<br \/>\n        WMH,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/201135907\/delayed\" class=\"\"><\/bg-quote><span>,<\/span><br \/>\n      \u00a0Caesar\u2019s and others as U.S. states legalize sports gambling. Michigan became the 15th state to allow online sports gambling earlier this year.<\/p>\n<p>Barstool founder Dave Portnoy has talked about the stock often while taking up investing publicly during the COVID-19 pandemic. Penn stock closed at a record high of $130.47 Friday, then gained about 7% in after-hours trading following the announcement.<\/p>\n<p><strong>See also: Day-trading <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Reddit<\/a> readers nearly crashed the stock market. Now they\u2019ve been packaged into a new ETF<\/strong>  <\/p>\n<p>Caesar\u2019s is in the process of combining with William Hill to create a larger rival for online sports betting in the U.S., and the stock has enjoyed strong gains in the past year, after falling in late February and early March of last year as fears of the impending pandemic grew. Caesar\u2019s shares have gained 550% in the past 12 months, and prices rose more than 5% in after-hours trading.<\/p>\n<p>NXP stock has roughly doubled in the past year, amid shortages of semiconductors that have acutely hit automotive manufacturers, a key segment for NXP, and shares rose more than 5% in the extended session. Generac has increased nearly 250% in the past 12 months, and gained about 4% in late trading.<\/p>\n<p><strong>For more: Worldwide chip shortage expected to last into next year, and that\u2019s good <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> for semiconductor stocks<\/strong><\/p>\n<p>Xerox stock has struggled despite investor Carl Icahn agitating for change at the printing giant while owning more than 15% of the shares. The stock plunged after an attempted hostile takeover of HP Inc.<br \/>\n        HPQ,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203461582\/composite\" class=\"negative\">-0.20%<\/bg-quote><br \/>\n       failed early last year, and has gained 12.6% in the past 12 months as the S&amp;P 500 added 58.8%. Xerox shares declined less than 2% in after-hours action Friday.  SL Green and Vontier shares also declined less than 2% in after-hours trading Friday, while Flowserve was steady.<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Jeremy C. Owens\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Jeremy_C_Owens\"><\/span>Jeremy C. Owens<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D306D6B25B66%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# S&amp;P 500 bets on Penn National Gaming and Caesar\u2019s in index reshuffle &#8221; Penn, Caesar\u2019s stocks gain in after-hours trading, along with fellow incoming entrants NXP Semiconductors and Generac The S&amp;P 500 is betting on Penn National Gaming Inc. and Caesar\u2019s Entertainment Inc. amid increasing legalization of sports betting in the U.S. Penn PENN,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":201057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-201056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/201056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=201056"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/201056\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/201057"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=201056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=201056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=201056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}