Yesterday’s IPO of Caesars Entertainment Corp. (NASDAQ: CZR) was an uber success in the closest form of illegal stock market manipulation without being illegal with shares jumping 98.89%, as high as $17.90, before closing at $15.39, a 71% gain. So, is it a hot stock to ...
While the world waits for the Facebook IPO to launch, Caesars Entertainment, which owns casinos under the Caesars, Harrah’s and Horseshoe names, will begin trading today under the ticker symbol CZR on the Nasdaq exchange after pricing its IPO, initial public offering, at $9 a share. The shares had been offered at a range of $8 to $10.
Caesars was taken private in a $31 billion buyout ...
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