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Stock impact report

Why Is Light & Wonder (LNW) Stock Soaring Today [Yahoo! Finance]

Light & Wonder, Inc. (LNW) 
Company Research Source: Yahoo! Finance
This inclusion meant that investment funds and exchange-traded funds (ETFs) that track the global index needed to purchase the company's shares to reflect the index's new composition. Such actions typically increase demand for a stock, which can lead to a rise in its price. The addition to the well-known index signaled broader market recognition for the company. In a separate development on the same day, the company's options were delisted. Is now the time to buy Light & Wonder? Access our full analysis report here What Is The Market Telling Us Light & Wonder's shares are very volatile and have had 20 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago when the stock gained 8.6% on the news that the company reported third-quarter results that showed significant profit growt Show less Read more
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