Caesars Entertainment (CZR) stock fell by 2.04% following an earnings report that showed a significant loss per share, missing analysts' expectations, and an unusual spike in put options trading, indicating negative sentiment among investors.
The decline in the stock price is primarily attributed to the company's earnings miss, reporting a loss of $0.39 per share compared to the expected profit of $0.07, despite a slight year-over-year revenue increase.lg...Expand