Ladbrokes Stock Continues Slow Rise In January
- By Andre Salmon
- Published 01/16/2010
- Gaming Stock News
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Ladbrokes William Hill stock remains ahead of Ladbrokes as the trading week came to a close on Friday, but Ladbrokes continued its upward climb. Ladbrokes stock rose to 150.70 in end of the week trading.
Ladbrokes had passed William Hill in price last year, but since that time the stock dropped quickly. In September, the stock had risen to over 200 a share, but by mid-October it fell all the way into the 135 range.
The new year has been good to Ladbrokes so far, with investors helping the stock rise from 137.50 at the end of 2009, to the current price of 150.70. The company is currently dealing with a loss at Chief Executive and is searching for a new executive.
William Hill, meanwhile, has not had much movement either way with their stock price in 2010. William Hill finished last year with a stock price of 185.70, and currently has a price of 184.80.
PartyGaming remains the most steady of all the gaming stocks on the London market. PartyGaming stock closed Friday at 260.70. Since bottoming out in early November at 214.40, the stock has steadily risen.
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