Day: September 19, 2024
Red Rock Could Be Boosted by Lower Interest Rates, Analyst Says
On Wednesday, the Federal Reserve lowered interest rates by half a percent — the central bank’s first rate cut in four years — sparking hope of a prolonged rally for capital-intensive casino operators, including Red Rock Resorts (NASDAQ: RRR). Red Rock Casino Resort. An analyst said the company could benefit from lower interest rates. (Image:…
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