Why Casino Stocks Soared This Week to Beat Out the Stock Market

What happened Shares of both Las Vegas Sands (LVS 15.06%) and Wynn Resorts (WYNN 13.17%) finished the week in the black, according to data from S&P Global Market Intelligence, while Caesars Entertainment (CZR 10.36%) erased most of a large deficit after Shanghai officials announced they will end weeks of strict lockdowns and attempt to reopen again in a few days. Sands ended the week up 1.1% from where it closed last Friday after having been down 12% going into the last day of trading, while Wynn was essentially flat after having been down by a like percentage. Although Caesars still ended the week off 8%, it had been down as much as 19% during the week, so it made up almost as much ground as its peers. So what China …
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