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Las Vegas Sands Stalls, Stock Down

Posted by Blain Reinkensmeyer
December 5, 2006 at 9:59 am

After a big move from Las Vegas Sands (LVS) yesterday, the stock seemed to have found resistance at $97, and can’t push past it, atleast for now. Today so far the stock is down hitting new intra-day lows as of 9:56 AM. Currently the low on the day is $94.39 with the stock down just over 2%. Yesterday the stock soared up over 6 points to close at $97 even.