Why VICI Properties Stock Jumped Ahead of Earnings: The Casino REIT’s $1.5 Billion Question
VICI Properties shares rose 2.15% to $29.01 Friday, outperforming the S&P 500 and Dow ahead of its April 29 earnings report. The company’s market value reached about $34.8 billion. Investors are focused on cash-flow guidance and VICI’s expanded $1.5 billion One Beverly Hills loan commitment. Volume was 8.7 million shares, below the 50-day average.