There Is A Quest For Clarity Surrounding Light & Wonder Inc (NASDAQ: LNW) Volatility

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Light & Wonder Inc is listed on the NASDAQ as a member of the Consumer Cyclical sector and is a part of the Gambling industry. The current market capitalization of Light & Wonder Inc is $8.33B. A total of 1.01 million shares were traded on the day, compared to an average of 626.23K shares.

In the most recent transaction, Regan Michael J bought 20,000 shares of LNW for 103.45 per share on Aug 16 ’24. In a previous transaction on May 17 ’24, Korsanos Antonia bought 70 shares at 95.04 per share. LNW shares that Director owns now total 313.

Among the insiders who bought shares, Korsanos Antonia acquired of 72 shares on May 13 ’24 at a per-share price of $91.51. This resulted in the Director holding 243 shares of LNW after the transaction. In another insider transaction, Lane Siobhan sold 3,566 shares at $100.73 per share on Mar 07 ’24. Company shares held by the SVP & CEO – Gaming now total 11,302.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, LNW has a high of $115.00 and a low of $83.91.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LNW’s latest balance sheet shows that the firm has $585.00M in Cash & Short Term Investments as of fiscal 2021. There were $8.75B in debt and $974.00M in liabilities at the time. Its Book Value Per Share was $9.64, while its Total Shareholder’s Equity was -$2.11B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LNW is Buy with a score of 4.14.

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