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March 26, 2014
10:49 EDTIGTInternational Game tumbles to fresh 52-week low, bear pattern
The shares are down over 9.3% to $13.45 at time of writing following yesterday's cut in outlook for its FY14 and Q2. It is possible that there is more downside to come for the shares given a bearish flag pattern that is best scene on a multi-year chart. The flag broke today when shares gapped lower. Based on the preceding down move before the flag, downside potential is to the $12 area over time. It would take a sustained move back above the flag low at $14 for the pattern to be called into question. Resistance is at $14.
News For IGT From The Last 14 Days
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July 2, 2015
17:03 EDTIGTInternational Game signs agreement with Veikkaus Oy in Finland
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July 1, 2015
08:40 EDTIGTBofA/Merrill's Top 10 US Ideas for Q3
BofA/Merrill published its Top 10 U.S. Ideas Quarterly for Q3 that identifies companies it sees having significant catalysts in the next three months. The list includes eight Buys and two Underperforms. The Buys are Applied Materials (AMAT), Boise Cascade (BCC), Burlington Stores (BURL), Comcast (CMCSA), Comerica (CMA), Eli Lilly (LLY), Facebook (FB), and International Game (IGT). The Underperforms are BlackBerry (BBRY) and PBF Energy (PBF).

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