It's been a rough year so far for casino and online gambling stocks, but one firm has identified a handful of gambling stocks that investors should consider buying on the dip.
The Analyst: JMP Securities analyst Jordan Bender has initiated coverage of the following five stocks:
JMP Securities analyst Jordan Bender initiates coverage on Rush Street Interactive (NYSE:RSI) with a Market Outperform rating and announces Price Target of $12.
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.
During Tuesday, 581 stocks hit new 52-week lows.
Interesting Highlights From Today's 52-Week Lows
Meta Platforms (NASDAQ:FB) was the biggest company on a market cap basis to set a new 52-week low.