The Leisure & Entertainment sector is having a good trading session. The Powershares Dynamic Leisure & Entertainment Portfolio Fund (NYSE:PEJ) is trading at $125.45, up $4.38 and 3.6%.
Key Stocks Driving the Leisure & Entertainment Sector Now
Las Vegas Sands Corp. (NYSE:LVS), Wynn Resorts Ltd. (NASDAQ:WYNN): Union Gaming states Macau’s government will likely continue to strictly control the opening of new casinos. Macau Business reported the government will not allow more than two new Cotai resorts to open in any given year.
LVS shares recently traded at $53.80, down $0.33, or 0.61%. Shares are up 27% year-to-date, outperforming the sector which is up 17% year-to-date.
Six Flags Entertainment Corp. (NYSE:SIX) and Nokia (NYSE:NOK) announced an integrated marketing and mobile development partnership to support the new Lumia 900 and debut a custom application for Six Flags guests for all U.S. locations.
SIX shares recently traded at $47.40, up 0.38%. Shares are up 16.4% year-to-date, slightly underperforming the sector which is up 17% year-to-date.
Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) is strengthening its position as the leading hotel operator in the Middle East and North Africa. The hotel operator has an existing portfolio of almost 70 hotels and a pipeline of 40 new hotels. This will add 60% growth over the next five years.
HOT shares recently traded at $56.75, down $0.79, or 1.37%. Shares are up 19% year-to-date, outperforming the sector which is up 17% year-to-date.
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