A beautiful rise, very strong, up +50% in a week. Gambling is like cigarette smoking, people find it very hard to give up, so revenues will bounce back rapidly and sharply here.
Market is moving so fast now, all bets are off. Investors are going mad for undervalued stocks. William Hill, for example, has tripled in just 12 trading days.
This is way oversold and ready for a big rebound. Have plenty of cash to see them thru the plague, and they are market leader, in a strong position to boomerang back.
It look like sports betting might come back sooner than expected. Some golf is being allowed in Denmark, Italy and Germany could lift their lockdowns fairly soon, and so on. Let's see if an RNS pops up tomorrow.
This is a good punt on their SUV. China car sales are set to quadruple in Mar-Apr after shutdown, Europe will open up again from next week, and the US has light at the end of the tunnel.