SCP Investment LP reduced its stake in Caesars Entertainment, Inc. ($CZR) by 10.6% in the third quarter, selling 65,000 shares and now owning 550,000 shares valued at $14.86 million. Despite this, the stock remains SCP’s third-largest position. The article also provides a summary of recent news for Caesars Entertainment, highlighting positive sentiment around its digital segment’s record performance and Q4 revenue beat, alongside concerns about a significant GAAP loss and EPS miss.
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Caesars Entertainment, Inc. $CZR Shares Sold by SCP Investment LP
SCP Investment LP reduced its stake in Caesars Entertainment, Inc. ($CZR) by 10.6% in the third quarter, selling 65,000 shares and now owning 550,000 shares valued at $14.86 million. Despite this, the stock remains SCP’s third-largest position. The article also provides a summary of recent news for Caesars Entertainment, highlighting positive sentiment around its digital segment’s record performance and Q4 revenue beat, alongside concerns about a significant GAAP loss and EPS miss.