Page 7 - பிரபு ஓய்வு வரையறுக்கப்பட்டவை News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Aristocrat Gaming™ and Win-River Resort & Casino Celebrate Grand Opening of New Lightning Link Lounge™ and Dragon Link Den™
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Aristocrat Gaming™ and Win-River Resort & Casino Celebrate Grand Opening of New Lightning Link Lounge™ and Dragon Link Den™
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
The Aristocrat (ASX:ALL) share price is back near all-time highs
Nikhil Gangaram | April 8, 2021 1:57pm |
More on:
The
Aristocrat Leisure Limited(ASX: ALL) share price is trading near all-time highs. After getting smashed last year, shares in the poker machine business have made a miraculous recovery.
The Aristocrat share price hit a low of $14.81 last March amid the COVID-19 market rout. Since then, the company’s share price has more than doubled and is currently trading near its all-time high of $38.23.
Let’s look at what’s been happening with the Aristocrat share price.
Recovery pushes Aristocrat share price
At the company’s annual general meeting in February, Aristocrat painted an optimistic outlook for the company. Aristocrat highlighted that gaming looks to resurface from the COVID-19 pandemic in excellent shape. As a result, the company’s management predicted that the next decade for Aristocrat would be better than the prior decade.
Aristocrat Signals Bullish Rebound
This story features ARISTOCRAT LEISURE LIMITED. For more info SHARE ANALYSIS: ALL
Brokers have walked away from Aristocrat s recent investor briefing incrementally more confident the company will emerge post-covid in a stronger competitive position
-Improving market share
By Mark Story
The overwhelmingly positive tone resonating from Aristocrat Leisure Limited’s ((ALL)) recent investor roundtable has reassured the market the Australian gaming technology company is resurfacing from the pandemic in excellent shape. The company is as bullish as ever and sees the next ten years as being even better than the prior decade.
CEO and managing director Trevor Croker spoke at length about the recovery of Aristocrat’s land-based (non-digital) business, noting that the slot machine industries in Australia and the US have both been recovering above their original expectations.
vimarsana © 2020. All Rights Reserved.