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MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT RESULTS

Chevron, Exxon under pressure as falling natural gas prices hit earnings

VICI Properties (VICI) in Focus: Stock Moves 7% Higher

Zacks Equity Research
·2 min read

VICI Properties Inc. VICI was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is  down 56.3% in the past one-month time frame.

 

The company has seen two negative estimate revisions in the past two months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

 

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VICI Properties currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

 

VICI Properties Inc. Price

VICI Properties Inc. Price
VICI Properties Inc. Price

VICI Properties Inc. price | VICI Properties Inc. Quote

Investors interested in the REIT and Equity Trust - Other industry may also consider Innovative Industrial Properties, Inc. IIPR, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

 

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Innovative Industrial Properties, Inc. (IIPR) : Free Stock Analysis Report
 
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To read this article on Zacks.com click here.
 
Zacks Investment Research