Monarch Casino Shares Tick Higher With Holiday Looming, Legal Issue Still Present
Monarch Casino & Resort Inc shares rose Friday afternoon, staying close to their highs. Investors looked at the company’s solid first-quarter profit but kept an eye on a construction dispute that is still ongoing. The stock traded at $116.91, up 0.6%, as of 1:46 p.m. in New York. Shares moved between $116.15 and $117.50 earlier in the session. Market cap was about $2.13 billion, market data show.