Light & Wonder Inc (NASDAQ: LNW) stock suffered a major decline of -19.5% on 9/24/24. The shares closed at $90.71. Moreover, this decline was accompanied by exceptionally high trading volume at 461% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -18.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, LNW is expected to continue to be a major Value Builder.
Light & Wonder has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Light & Wonder has a poor Appreciation Score of 18 but a good Power Rating of 82, producing the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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