Why Scientific Games Corporation Stock Fell 12.5% in November [The Motley Fool]
Scientific Games Corp (SGMS)
Last scientific games corp earnings: 2/18 04:01 pm
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Source: The Motley Fool
Scientific Games stock has lost roughly two-thirds of its value year to date. Keith Noonan ( TMFNoons ) Dec 11, 2018 at 3:45PM What happened Shares of Scientific Games Corporation ( NASDAQ:SGMS ) lost 12.5% of their value in November, according to data provided by S&P Global Market Intelligence . The stock spiked following the company's third-quarter earnings release, but the positive momentum proved to be short lived. SGMS data by YCharts Scientific Games stock saw double-digit gains in the day of trading following its earnings release on Nov. 8 as losses for the period came in lower than anticipated and management made comments suggesting that the company was considering spinning off its social games unit as its own public company. The market's read on the attractiveness of an initial public offering for the social games business t
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