Why Scientific Games Is Jumping This Week

Shares of Scientific Games (NASDAQ: SGMS) are soaring 10.7% this week after the gaming and lottery technology leader publicized metrics related to the lottery business it's considering for divestiture.

While the decision to divest the SG Lottery business has been known for some time, the metrics Scientific Games released Tuesday surrounding projected revenue growth and adjusted EBITDA were ahead of analyst expectations.

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Source Fool.com