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Midday Movers: Las Vegas Sands, Amazon.com, AMC Entertainment and More

Published 09/27/2022, 01:28 AM
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By Liz Moyer

Investing.com -- U.S. stocks fell again on Monday on worries about a global recession. Here are the midday movers for Sept. 26:

  • Las Vegas Sands Corp (NYSE:LVS) stock jumped 12%, as did shares of Wynn Resorts Limited (NASDAQ:WYNN), after China's gambling hub Macau said it would open to group tours in November and would offer e-visas to visitors once again. MGM Resorts International (NYSE:MGM) shares rose 1%.
  • Amazon.com Inc (NASDAQ:AMZN) shares rose 1.4% after the e-commerce giant announced a second sale for Prime members next month, with special offers on toys, electronics and other products as it tries to kick-start the holiday shopping season.
  • AMC Entertainment Holdings Inc (NYSE:AMC) shares fell 7.7% after reports the movie theater chain operator planned to sell as much as 425 million of its preferred APE shares.
  • Macy’s Inc (NYSE:M) shares fell 3.5% after the department store operator said it would hire 41,000 workers for the holidays, about half as many as last year.
  • PG&E Corp (NYSE:PCG) shares rose 1% after word the utility operator would be added to the S&P 500 next month, replacing Citrix Systems (NASDAQ:CTXS). Citrix shares were flat.

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