Mix Cap Volatile Mover: Penn National Gaming (NASDAQ:PENN), Apple (NASDAQ:AAPL)

Penn National Gaming, Inc. (NASDAQ:PENN) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.35% to close at $17.24 with the total traded volume of 519991 shares. Penn National Gaming Inc. (PENN) said that it has raised its financial guidance for the 2017 first quarter ending March 31, 2017. Reflecting strong broad-based property performance to date, the Company now expects to report 2017 first quarter net revenue of between $770 million and $771 million and Adjusted EBITDA of between $222 million and $223 million.

As a result, Penn National projects Adjusted EBITDA after master lease payments will be $110 million to $111 million for the 2017 first quarter ending March 31, 2017.Analysts polled by Thomson Reuters expect the company to report revenues of $761.51 million for the first-quarter. Analysts’ estimates typically exclude special items.

The company’s prior financial guidance for the 2017 first quarter contemplated net revenue of $761.0 million and Adjusted EBITDA of $209.3 million. Penn National’s guidance included an assumption for master lease payments of $111.9 million in the first quarter of 2017 which would imply original guidance of Adjusted EBITDA after master lease payments of $97.4 million. The firm has institutional ownership of 94.60%, while insider ownership included 1.30%. Its price to sales ratio ended at 0.51. PENN attains analyst recommendation of 2.10 with week’s performance of 11.20%.

Apple Inc. (NASDAQ:AAPL) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.39% to $141.47. Apple Denies iCloud, Apple ID Breach After Hackers Threaten to Wipe Data , After a hacker or group of hackers threatened to remotely wipe data from millions of iPhones including photos, videos and messages, Apple has denied any such breach into iPhones.

The hackers, who call themselves ‘Turkish Crime Family’, asked for $75,000 (roughly Rs. 50 lakhs) in Bitcoin or Ethereum (a form of crypto-currency) or $100,000 (roughly Rs. 65.5 lakhs) worth of iTunes gift cards in exchange for deleting a large cache of iCloud and other Apple email accounts, Vice blog Motherboard declared.

Reacting to the threat, Apple told Fortune on Wednesday: “There have not been any breaches in any of Apple’s systems including iCloud and Apple ID. The alleged list of email addresses and passwords appears to have been obtained from previously compromised third-party services.” The share price of AAPL attracts active investors, as stock price of week volatility recorded 1.18%. The stock is going forward to its 52-week low with 60.49% and lagging behind from its 52-week high price with -0.93%.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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