Why Churchill Downs Stock Jumped 69% Last Year
Shares of Churchill Downs (NASDAQ: CHDN) surged in 2019, as the company continued to make acquisitions and gained on investor optimism for legalized sports betting . As a result, the stock finished the year up 69%, according to data from S&P Global Market Intelligence.
The following chart shows the stock's trajectory for the year as the gains came in multiple stages.
Source Fool.com