The Ride Continues As Monday Flatters Some
Monday, November 2nd, 2009 at 6:23 pm EST/EDT
We have been experiencing some quite volatile trading of shares in the online casino sector of the market recently and the week opened with more of the type of uncertainty that we have been seeing of late in the sector.
William Hill stock went up on Monday November 2nd 2009. 168.70 was the share valuation at the opening of business and the share price was 170.00 at the end of the trading period. This price is 1.1% up from 168.00 on Friday October 30th this of course, gives us the same as last Thursday.
PartyGaming shares by contrast, dipped on Monday. At the start of the day the value of shares was 232.00 and the value of shares was 222.80 by the end of the day. That is all of 2.73 percent down from 228.90 on Friday October 30th and is 0.94% lower than the 224.90 on Thursday October 29th
The share price of Cryptologic was another one to take a hit on Monday. 3.94 was the share valuation at the opening of business and 3.80 was the valuation of the shares by the conclusion of business. This gives a price that’s 3.68 percent lower than the Friday October 30th price of 3.94 and leaves the price 5% lower than the 3.99 from Thursday last.
These type of numbers illustrate the tentative feelings that the market has been having towards the online casino stocks and well just have to wait to see if things settle in the coming days.
