Why Everi Holdings' Shares Jumped 13.5% on Wednesday
Shares of gambling industry supplier Everi Holdings (NYSE: EVRI) jumped as much as 18.9% in trading Wednesday as investors grew hopeful the gambling industry will return to normal soon. At the close of the market, shares were up 13.5% on the day.
The market and stocks related to travel and leisure were climbing today because yesterday Moderna announced positive results on phase 1 of its COVID-19 vaccine trial. The vaccine will move to a phase 3 trial on July 27.
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Source Fool.com
