J. P. Morgan reports 7% August decline across covered gaming stocks
By SectorWire desk ·
Summary
J. P. Morgan analyst Daniel Politzer reviewed gaming stocks on 8 September. Stocks in the bank’s gaming coverage fell an average of 7% in August, compared with a 3% gain for the Standard & Poor 500, recording their weakest August since 2019.
Why it matters
Investors can benchmark gaming stocks’ 7% August decline against the Standard & Poor 500’s 3% gain.