Why Scientific Games Corporation Stock Jumped 30% in September

Shares of gaming company Scientific Games (NASDAQ: SGMS) moved higher throughout September amid the unveiling of its proprietary SciQ lottery retail environment and a large portfolio of new game content, as well as the announcement of a planned acquisition of NYX Gaming Group. The stock soared 30.3% during the month, according to data provided by S&P Global Market Intelligence.

The new innovations and a robustly expanded portfolio of new games unveiled at Global Gaming Expo (G2E) had investors looking up.

Image source: Getty Images.

Continue reading


Source: Fool.com