Why International Game Technology Stock Popped 12.5% on Tuesday
Shares of gambling industry supplier International Game Technology (NYSE: IGT) jumped as much as 12.5% in trading on Tuesday after the company reported earnings. Shares closed the day up 10%.
Revenue was up 4% in the quarter to $1.05 billion, and operating income fell 3% to $252 million. But the company remained free-cash-flow positive with $115 million in cash generated in the quarter.
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Source Fool.com
