Las Vegas Sands Turns Red

Blain Reinkensmeyer
Posted on Mon 27th Nov, 2006 01:08:02 PM

After running up to nearly $97 a share, Las Vegas Sands (LVS) has given back every penny of gains, and now is in the red on the day. Real time LVS is trading at a last of $92.21 on volume of nearly 3.5 million shares. Today is a perfect example of a market leaning on everyone, regardless of how strong the outlook. Today will be a distribution day reversal for the company.

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