BYD Stock Recent News
BYD LATEST HEADLINES
Boyd Gaming said on Thursday it will sell its 5% equity interest in FanDuel Group to Flutter Entertainment for about $1.76 billion.
All-Cash Transaction Unlocks Significant, Unrealized Value for Boyd Shareholders Boyd, FanDuel Extend Market-Access Agreements through 2038 LAS VEGAS , July 10, 2025 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) ("the Company" or "Boyd") today announced it has entered into a definitive agreement to sell the Company's 5% equity interest in FanDuel Group ("FanDuel") to Flutter Entertainment plc (NYSE: FLUT) ("Flutter") for cash consideration of $1.755 billion. The transaction is expected to close in the third quarter of 2025, subject to regulatory approvals.
Boyd (BYD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
LAS VEGAS , July 1, 2025 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) announced that the conference call to review the Company's second-quarter 2025 results will take place on Thursday, July 24, 2025, at 5:00 p.m. Eastern. The conference call number is (800) 836-8184.
It says a great deal about the EV industry that China's BYD shares are up 40% this year, while America's Tesla (NASDAQ: TSLA) is off 20%.
The BYD stock price has pulled back in the past few weeks as investors remain concerned about its margins and profitability. Its Hong Kong shares dropped to H$124 on Thursday, down by over 21% from its highest point this year.
Gaming stocks remain deeply undervalued despite market fears of a recession and tariffs, which I believe are overblown. Discounted cash flow analysis shows only a few gaming stocks are fully valued. Most are still bargains. The narrative that online gaming will destroy live casino gaming is fundamentally flawed and unsupported by evidence.
GME surges on digital transformation, while BYD holds steady with casino-driven growth. Here we discuss two gaming stocks, two very different stories.
Chinese electric vehicle (EV) giant BYD outsold Tesla Inc. (NASDAQ: TSLA) in Europe for the first time in April.
Sin stocks stir debate, but their steady returns, strong margins and recession resistance make them smart, long-term plays for performance-focused investors.